Hong Kong stocks rallied on Monday with the benchmark Hang Seng Index up 1.05 percent to close at 26,433.

The Hang Seng China Enterprises Index climbed 1.10 percent to end at 9,467 points, and the Hang Seng Tech Index jumped 1.83 percent to end at 6,171.

On the mainland, Chinese stocks closed at their highest point in over 10 years, driven by hopes for a US-China trade deal after top officials on both sides outlined a framework agreement ahead of a key leaders' meeting later this week between President Xi Jinping and his American counterpart Donald Trump.

The benchmark Shanghai Composite Index ended 1.2 percent higher, slightly shy of the psychologically key 4,000 mark, while the blue-chip CSI300 Index was up 1.2 percent. (Xinhua & Reuters)