China, Hong Kong shares volatile after fiscal stimulus is outlined

China, Hong Kong shares volatile after fiscal stimulus is outlined China, Hong Kong shares volatile after fiscal stimulus is outlined

SHANGHAI/HONG KONG — The mainland China and Hong Kong stock markets were volatile on Monday, after the Ministry of Finance outlined fiscal support for the economy on Saturday but refrained from revealing the size of additional spending.

The CSI 300 Index, a benchmark for Shanghai- and Shenzhen-listed stocks, briefly dipped into negative territory shortly after opening but closed up 1.9%, while the main index in Shanghai gained 2.1%.