Mainland stocks rise most in a month

Chinese mainland stocks traded in Hong Kong rose the most in a month, with commodity producers gaining as oil prices climbed and President Xi Jinping vowed to press ahead with plans to cut capacity at State-owned enterprises.

The Hang Seng China Enterprises Index advanced 1.4 percent as China Oilfield Services Ltd and PetroChina Co paced gains.

Oil climbed to a seven-month high before US government data forecast to show crude stockpiles dropped for a second week.