Hong Kong stocks rose 382.98 points, or 1.82 percent to close at 21,412.79 on Monday.
The ChiNext Index, launched by the Shenzhen Stock Exchange (SSE) on June 1, rose 2.66 percent, or 25.8 points, to close at 994.23 points in Monday's trading.
China's stock index futures closed higher Monday with the contract for August, the most actively traded, up 1.98percent from the previous trading day to end at 2,926.4 points.
Chinese shares advanced Monday with coal producer shares rising across the board after China discovered a large coal field in northeast Liaoning Province.
Mitsubishi UFJ Financial Group (MUFG) plans to buy BNP Paribas' stake in a Chinese fund venture for $50 million, giving Japan's biggest bank access to China's $300 billion mutual funds market, two sources with direct knowledge of the deal said on Monday.
China's Shanghai Composite Index may be set for another "wave" of gains after completing a so- called correction that lasted for almost a year, according to Elliott Wave International Inc.
Investors' interpretation of July's manufacturing data will be key to determining the direction of the Chinese stock market in the coming quarters, analysts said.
Hong Kong stocks retreated 64.01 points, or 0.3 percent to close at 21,029.81 on Friday.
China's stock index futures closed lower Friday with the contract for August, the most actively traded, down 0.25 percent from the previous trading day to end at 2,871.4 points.
The ChiNext Index, launched by the Shenzhen Stock Exchange (SSE) on June 1, dropped 0.71 percent, or 6.93 points, to close at 968.43 points in Friday's trading.
China's stocks dropped, paring the benchmark index's biggest monthly advance in a year, on concern recent gains were excessive relative to earnings prospects.