Hong Kong's Hang Seng Index surged sharply on Tuesday, as investors anticipated news that Chinese economy expanded at faster pace than predicted and France successfully sold bonds despite S&P downgrade. Hang Seng Index gained 3.24% or 615.55 points and closed at 19,627.75 with all 9 nine sectors posting gains. HSBC Holdings PLC added 3.35%, Agricultural Bank of China Ltd. soared 4.2% and Industrial & Commercial Bank of China Ltd. advanced 3.3%.