HSI ends up 367 pts at 24,853 midday; turnover at HK$71bn

    Hong Kong stocks closed sharply higher on Monday morning session in heavy trade after China unveiled details on its "Belt and Road" initiative, with total investment scale amounting to RMB300-400 billion this year.
  By midday, the Hang Seng Index ended up 367 points or 1.5% to 24,853, off an intra-day high of 24,910 and day low of 24,725. The H-share index soared 398 points or 3.3% to 12,296.
  Half-day turnover increased significantly to HK$71 billion compared to HK$39.7 billion on Friday.
  By 11:31 a.m., the northbound quota balance of the "Shanghai-HK Connect" program was RMB13.53 billion, surpassing the daily allowed quota of RMB13 billion. It means the sell trade value was larger than buy order value. The southbound quota balance was RMB8.96 billion, or 85.3% of the quota of RMB10.5 billion. 
  Infrastructure stocks soared across the board on the initiative. China Comm Con (01800) and China Railway (00390) rose 14% to HK$11.42 and HK$7.75. China Rail Cons (01186) jumped 12.2% to HK$11.4. Zoomlion (01157) added 11% to HK$5.37.
  Meanwhile, nuclear gear makers were also higher after more than 1.5 years postponement of building nuclear plants in coastal regions. Shanghai Electric (02727) shot up 14% to HK$4.93. NE Electric (00042) gained 8.7% to HK$2.25. Dongfang Elec (01072) ascended 7.2% to HK$15.14.