Hong Kong, Shanghai stocks rise on metal producers

Hong Kong shares posted modest gains early Thursday, with China-related stocks tracking advances in Shanghai and gold miners soaring after a big rise in gold prices. The Hang Seng Index gained 0.2% to 19,568.53, but was still shy of the psychologically-important 20,000-point level.

 The Hang Seng China Enterprises Index added 0.6% to 11,254.54, lifted by continued gains for the Shanghai Composite Index, which rose 1.4% to 2,751.88. Zijin Mining Group Co. Ltd. jumped 7.6% in Hong Kong, while Zhongjin Gold Co. Ltd. rose 6.9% in Shanghai. Base metal producers also advanced, with Jiangxi Copper Co. Ltd. rising 2.2% and Aluminum Corp. of China Ltd. climbing 1.5% in Hong Kong. In Shanghai, the pair rose 2% and 3.6%, respectively.

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