Hong Kong Stocks soared 444.50 points, or 2.19 percent, at 20,772.22 on Monday, setting a fresh record closing high, off an all-time high of 20,779.

Market turnover was widened at 60,392 million HK dollars (7,743 million U.S. dollars), compared with last Friday's 59,576 million HK dollars (7,638 billion U.S. dollars).

All the four sub-indices were higher. The Finance rose 1.46 percent to 33,096.07. The Commerce and Industry was up 2.96 percent to 11,049.83. The Utilities edged up 0.97 percent to 36,411.13. The Properties gained 1.55 percent to 25,938.98.

Blue chips almost rose across the board. HSBC, the largest stock by market capitalization, inched up 1.7 percent to 145.4 HK dollars, China Mobile jumped 4.3 percent to 73.85 HK dollars. China Netcom shot up 5.3 percent to 19.3 HK dollars. Market laggards MTRC rose 5 percent to 22 HK dollars. China Merchants soared 6.6 percent to 29.1 HK dollars.

China stocks were higher, with H-share index ending up 194.76 points at 10,052.73. Dongfeng put on 7.6 percent to 4.69 HK dollars. Both An'gang and Magang bounced over 6 percent to 13.04 HK dollars and 5.75 HK dollars respectively.

China financials were also firm. PICC soared 9.6 percent to 4.47 HK dollars. China Life inched up 1.4 percent to 24.8 HK dollars.

Source: Xinhua