hong kong shares opened in the green on monday defying a wider asia trend as most markets in the region were still plagued by negative sentiment triggered by the us federal reserves aggressive rate hike and outlook the benchmark hang seng was 027 higher in early trading while bourses in south korea and japan plunged over 2 shares of xpeng and li auto jumped over 4 while meituan shares gained over 3 in hong kong morning trade also read cathie wood loads up 23m worth of shares in this geneediting company as stock falls over 10 in a month china’s communist party has elected all delegates attending a key political meeting starting oct 16 where president xi jinping is expected to secure an unprecedented third term business recorder reported citing afp macro news china said the us is sending very wrong dangerous signals about taiwan following secretary of state anthony blinken’s statement to his chinese counterpart on friday that the maintenance of peace and stability over the island nation was vitally important reported reuters the hong kong monetary authority has eased a mortgage stress test requirement for property buyers in response to rising interest rates and a softening market reported reuters company news a company controlled by xpeng chairman xiaopeng he bought 22 million american depositary shares of the ev maker at an average price of 1358 per share on friday with he now controlling about 205 of the company reported bloomberg tencent holdings has partnered with swissamerican computer gear provider logitech international sa logi to launch a handheld game console reported the south china morning post top gainers and losers galaxy entertainment group limited and wuxi biologics cayman inc were the top gainers among the top hang seng constituents on monday morning having gained over 7 and 1 respectively cnooc ltd and alibaba health information technology ltd were the top losers shedding over 2 and 1 respectively global news us futures traded in the red on monday morning asia session the dow jones futures were down 063 while the nasdaq futures lost 068 the sp 500 futures were down 074 elsewhere in asia australia’s asx 200 was down 163 japan’s nikkei 225 was down 218 while china’s shanghai composite index lost 011 south korea’s kospi was down 255