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Hong Kong stocks surged in early Monday trade, hiking past lackluster Chinese economic data released over the weekend. The Hang Seng Index traded 0.5% higher to 21,677.17, with the Hang Seng China Enterprises Index rose 0.4%, while mainland Chinese bourses were closed until Thursday for a holiday. Monetaries were a strong spot after robust U.S. share wins Friday on the back of an above expectation May employment report. Industrial & Commercial Bank of China Ltd. rushed 1.2% higher, China Construction Bank Corp. and China Citic Bank Corp. zoomed 1.3% each, and Agricultural Bank of China Ltd. inched up with 0.6%. The property sector was mixed, meanwhile, with Sino Land Co. boosting 1.1%, but Hang Lung Properties Ltd. decreased 0.9%, and New World Development Co. declining 0.5% after reports that the firm has regulatory permission to spin off its hotel assets into a trust. The broad advance came despite showing slowing growth in May across much of the Chinese economy, including a much more meager rise for exports than economists had forecast. Hong Kong's Monday gains came after solid losses the previous week, with the Hang Seng Index surrendering more than 3%.