HONG KONG – Hong Kong stocks recouped some of its losses from last week, with the Hang Seng Index advancing 0.6% in early trading Monday. Several index heavyweights helped to support the market with solid gains, as China Mobile Ltd. moved up 1.9%, and Internet giant Tencent Holdings Ltd. headed 1.1% higher. Mainland Chinese real-estate developers were also well bid, as Sunac China Holdings Ltd. climbed 2.4%, Guangzhou R&F Properties Co. added 2.2%, and Sino-Ocean Land Holdings Ltd. tacked on 1.9%. Lenovo Group Ltd. , China's largest computer maker, headed higher for a third straight session, adding 0.4% to Friday's 2.1% rally. The company maintained its global-leader status in personal-computer shipments in the second quarter, according to the latest industry figures from IDC and Gartner. Over on the Chinese mainland, the Shanghai Composite Index inched 0.1% higher.
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