China main share index jumps to 7-month high, Hong Kong climbs too

lunes 28 de julio de 2014 01:13 GYT

* HSI +0.9 pct, H-shares +1.0 pct, CSI300 +2.5 pct

* BoCom leads bank gains on plans to seek more private investors

* Hong Yuan Securities surges after trade resumes

* HKEx at 3-year high after report on launch date for stock connect (Updates to midday)

By Grace Li

HONG KONG, July 28 (Reuters) - China shares jumped to their highest since December on Monday, as banks surged after a Reuters report said the country's fifth-biggest bank by assets planned to seek more private investors, while Hong Kong markets were also pushed higher.

By midday, the Hang Seng Index was up 0.9 percent at 24,437.54 points. The China Enterprises Index of the top Chinese listings in Hong Kong rose 1.0 percent.

The CSI300 of the leading Shanghai and Shenzhen A-share listings jumped 2.5 percent, while the Shanghai Composite Index gained 2.1 percent to 2,170.69 points.

The Shanghai benchmark index earlier tested its highest since mid-December, while the CSI300 was just off the year's high.   Continuación...