(Yicai Global) Sept. 30 -- China’s mainland stock and Hong Kong markets all opened higher this morning as military stocks and real estate developer China Evergrande Group led the gains.

The Shanghai Composite Index rose 0.26 percent to 3,232.71, and the Shenzhen Component Index was up 0.37 percent at 12,948.97, while the ChiNext, which tracks growth enterprises listed in Shenzhen, grew 0.47 percent to 2,575.46.

Vaccine developers in the biochemical sector were also star performers, while brewers were the dregs of the dawn.

The Hang Seng Index rose 1.17 percent to 23,548.89. Evergrande traded higher this morning upon its statement that investors holding equity stakes worth about CNY86.3 billion (USD12.7 billion) have agreed to hold onto their shares and not demand the company redeem them. Its stock [HKG:3333] rose 13.58 percent to HKD18.74, (USD2.40,) and its Evergrande Auto [HKG:0708] subsidiary was up 6.55 percent at HKD20.65, while its Hengten Networks Group [HKG:0136] unit increased by 6.9 percent to HKD0.31.

Editor: Ben Armour