Hong Kong Stocks Rise, Erase Last Week’s Loss, on RQFII

Hong Kong stocks advanced, with the Hang Seng Index erasing last week’s decline, as mainland shares surged after a regulator said China can boost by 10 times quotas for foreign investment in its financial markets. Li & Fung Ltd., which supplies Wal-Mart Stores Inc. and Target Corp., plummeted 15 percent.

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