Hong Kong Stocks Surge 1.57% Higher

The Hong Kong stock market was amid the biggest gainers in Asia, as stock markets throughout the region climbed higher on Monday. The rise in Asian stock markets was partially fueled by easing tensions on the Korean peninsula, after North Korea backed down from earlier threats of retaliation against South Korean military drills. The Hang Seng Index opened Monday trading in Hong Kong at 22,711.46, which was above the previous trading day's closing level of 22,639.08. The Hang Seng Index of Hong Kong traded shares remained in positive territory for the entire Monday trading session as the index steadily climbed upward. The Hang Seng Index finished Monday trading up 354.78 points, or 1.57%, at 22,993.86. The day's range for the Hang Seng stock index was between 22,671.61 and 23,025.47. Investors who would like to invest in Hong Kong equities might want to consider the iShares MSCI Hong Kong Index EWH, which seeks to provide investment results that correspond generally to the price and yield performance of publicly traded securities in the Hong Kong market, as measured by the MSCI Hong Kong index. Read more from Benzinga's ETF news.