Hong Kong stocks rebound on China Mobile, casino shares



Hong Kong stocks rebounded from the previous trading days slump as casino shares continued its rally while China Mobile Ltd. regained from a drop.

The Hang Seng Index climbed 0.4% to 23,401.26, 11:00 am, Hong Kong time. The gauge shed as much as 0.5% in the intraday trading. Last week, it plummeted by 2.6% after the escalated pro-democracy Hong Kong protests that went through the Chinese Golden Week holiday. It was the biggest drop of the index since March of this year. The H-share index or the Hang Seng China Enterprises Index rose by 0.5% to 10,462.26 as Mainland Chinese markets resume trading tomorrow.

As per the latest reports, several rounds of talks will be held where Hong Kong officials and protest leaders will be discussing the matter of democracy and electoral freedom as a result of a preparatory meet up yesterday. According to reports, the result of the formal meetings, that were hoped to start as early as October 12, will be confirmed and implemented by the government according to their negotiations.

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