Hong kong stocks rose Tuesday, though risk appetite remained subdued as earnings season continued. The dollar steadied and Treasuries were little changed.
Hong Kong’s Hang Seng Index added 0.8 percent. Shanghai Composite Index gained 0.8 percent.
Equity benchmarks ticked higher in Japan and Korea with Australian shares posting declines. Hong Kong and Chinese stocks outperformed. Earlier, the S&P 500 Index closed at its highest since January as Berkshire Hathaway Inc. bolstered financial shares and higher oil prices boosted energy producers. The yield on 10-year Treasuries held below 3 percent and the Cboe Volatility Index fell to its lowest since Jan. 26.
Source : Bloomberg