Hong Kong stocks advanced on Tuesday, with investors boosting artificial-intelligence (AI) firms amid optimism that negotiations will yet avert a trade war.
The Hang Seng Index rose 2.8 per cent to 20,789.96 for the biggest daily gain since October 18. The blue-chip index pared gains of as much as 3.3 per cent in earlier trading after China announced retaliation against US President Donald Trump’s 10 per cent tariffs on Chinese goods. The Hang Seng Tech Index jumped 5.1 per cent.
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https://www.scmp.com/business/markets/article/3297246/hong-kong-stocks-jump-hope-us-china-tariff-resolution
