Hong Kong stocks extends previous week's rally

Hong Kong stocks extended last week’s gains and opened higher on Monday, with the index approaching the 26,000-point level.

The benchmark Hang Seng index rose 0.64 percent to 26,018 after opening 0.34 percent higher at 25,945 points.

The Hang Seng Tech Index rose 15 points, or 0.27 percent, to 5,614 points

Blue-chip stocks were mixed, with 50 of the 88 constituent stocks opening higher.

Tencent (0700) gained 1.4 percent, while Alibaba (9988) rose 2.6 percent.