HONG KONG (Nikkei Markets) -- Hong Kong shares rose for a third day, helped by an extended rebound in technology companies and gains in financial heavyweights amid expectations that U.S. interest rates are poised to rise.
The Hang Seng Index added 1.1% at 28,965.29 on Monday, with some analysts expecting more upside before the end of the year. Internet major Tencent Holdings climbed 2.9% in for the third consecutive day, recouping losses of as much as 1.2% earlier in the day.