Market Wrap: Hong Kong stocks gain on hot money, positive data

Hang Seng rose on Monday after the US jobless rate fell to a four-year low and China reported a mild growth in inflation.

The market was also boosted after Hong Kong’s central bank conducted another intervention in the money market to guard against the appreciation of Hong Kong dollar against the greenback due to the inflow of the hot money.

via Business feed http://www.scmp.com/business/money/stock-talk/article/1102264/market-wrap-hong-kong-stocks-gain-hot-money-positive-data