Mainland and Hong Kong stocks ended up in trading for Monday, buoyed by signs of continued money inflows and the creation of a free trade port on Hainan.

The benchmark Hang Seng Index was up 111 points, or 0.43 percent, at 25,801 while the bourse's tech index was up 47 points, or 0.87 percent, at 5,526 and the China Enterprises Index was up 38 points, or 0.43 percent, at 8,939.

The benchmark Shanghai Composite Index was almost 27 points, or 0.69 percent, up at 3,917 while the Shenzhen Component Index was 192 points, or 1.47 percent, higher at 13,332 and the ChiNext Index, tracking China's Nasdaq-style board of growth enterprises, gained 69 points, or 2.23 percent, to 3,191.

The combined turnover of the main Shanghai and Shenzhen indexes was 1.86 trillion yuan, up from 1.73 trillion yuan on Friday.

Stocks related to plastic products and the ceramic industry led gains while shares in the media and entertainment, as well as papermaking sectors, saw major declines.

Latest data shows China's private fund sector expanded to a record 22.1 ‍trillion yuan in November, aided by strong flows into ⁠equities.

Meanwhile, more than a dozen newly launched Chinese funds with ‍a focus on the Hong Kong market finished fundraising ahead of schedule, with many rushing to build positions, indicating an urge to buy on dips.

Market sentiment was also lifted by surges in ‌Hainan stocks after China last week started operation of the Hainan Free Trade Port in a ‍landmark move signalling Beijing's commitment to ‌further opening up.

Potential beneficiaries, including China ‌Tourism ‌Group Duty Free Corp, Hainan Airlines Holding, Hainan Airport Infrastructure and Hainan Strait Shipping, all shot up by their 10 percent ⁠daily limit.

"The market is expected to resume its upward trend, and is no longer hesitating," Orient Securities said in a note to clients.

"Now could be a good time to add positions," the brokerage ‌said, recommending blue-chips and undervalued consumer players. (Reuters/Xinhua)