Hong Kong stocks rose on Tuesday, tracking a global rebound, as some investors sought bargains following last week’s savage sell-off. At close of trade, the Hang Seng index was up 379.90 points or 1.29 percent at 29,839.53.
The Hang Seng China Enterprises index rose 0.88 percent to 12,004.51. The sub-index of the Hang Seng tracking energy shares rose 0.2 percent while the IT sector rose 2.96 percent, the financial sector was 1.38 percent higher and property sector rose 0.54 percent. The top gainer on Hang Seng was Sunny Optical Technology Group Co Ltd up 6.22 percent, while the biggest loser was Lenovo Group Ltd which was down 1.54 percent. China’s main Shanghai Composite index closed up 1 percent at 3,185.5964 points while its blue-chip CSI300 index ended up 1.19 percent.
Source : Reuters