HONG KONG: Hong Kong shares finished on the front foot Monday after China unveiled fresh measures to support the country’s battered markets.

The Hang Seng Index rose 0.78 percent, or 125.01 points, to 16,077.24.

HK stocks bounce after PBOC announces rate RRR cut, China up

However, the Shanghai Composite Index shed 0.92 percent, or 26.87 points, to 2,883.36, and the Shenzhen Composite Index on China’s second exchange sank 2.42 percent, or 40.63 points, to 1,637.41.