HK shares snap five-day losing streak, China heads for best day in a month

China shares were set for their best day in a month on Friday, lifting Hong Kong markets from a five-day losing streak, as investors cheered local news reports pointing to increased foreign interest in the A-share market.

The brokerage sector led gains after the 21st Century Business Herald, citing Bosera Asset Management, said regulators had resumed taking quota applications under the renminbi qualified foreign institutional investor (RQFII) scheme after a suspension in February and March.

via Business feed http://www.scmp.com/business/money/stock-talk/article/1218102/hk-shares-snap-five-day-losing-streak-china-heads-best-day