China stocks rise

China stocks rose on Monday morning supported by demand for small caps while Hong Kong shares fell, with investor sentiment soured by weakness in global equity markets. China's key indexes opened lower but edged up by the lunch break. The CSI300 index rose 0.6 per cent, to 3,271.26 points, while the Shanghai Composite Index gained 0.7 per cent, to 3,118.81 points. Small-caps rebounded strongly, with Shenzhen's start-up board ChiNext up 3 per cent, and an index tracking tech shares surging 3.2 per cent. Hong Kong stocks fell in morning trading, along with major markets in the region. The Hang Seng index dropped 1.3 per cent, to 21,635.13 points, while the Hong Kong China Enterprises Index lost 2.1 per cent, to 9,821.84, according to Reuters.

--Shuvo--