LSE: HK shares soar 7.5 pct on China support hopes
HONG KONG, Dec 8 (Reuters) - Hong Kong shares soared 7.5 percent to a one-month high by midday Monday on talk of further measures from China to support banks and markets as well as push up private consumption in the world's fastest-growing economy.
The benchmark Hang Seng Index ended the morning session 1040.57 points higher at 14,886.66.
A strong surge in mainboard turnover to HK$35.4 billion by midday compared with just HK$37.3 billion in all of Friday, supported a 16.8 percent rally in shares of bourse operator Hong Kong Exchanges & Clearing.
The China Enterprises Index of top locally listed mainland Chinese firms had risen 8.1 percent to 8,028.41.
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