China's blue chips rise to 4-1/2-year peak on earnings optimism; HK stocks slip

China's blue chip stocks reached a 4.5-year high on Monday, driven by improving earnings and a strong risk appetite, despite Hong Kong shares declining.

China's blue chips rose to ​a 4-1/2-year high on Monday, aided by improving ​earnings outlook and strong risk appetite, ‌although Hong ​Kong shares fell as caution over U.S. interest rates and a surge of post lock-up supply weighed.