Around the World's Markets: Hong Kong

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STOCKS kicked off the world-wide bull run, gaining 2.75 per cent by the close of trade. The Hang Seng leapt 281.17 points to end at 10,514.53.

The jump in share prices was led by HSBC Holdings, which rallied HK$11.000 to close at HK$197.50.

HSBC was up on the back of Friday's boom in financial stocks in London and New York, and confirmation of a merger between Deutsche Bank and Bankers Trust.