Hong Kong's
Hang Seng Index extended gains on Tuesday depicting investor hopes European
leaders will provide details how to solve debt crisis. Hang Seng Index advanced
1.21% or 218.39 points and closed at 18,256.20. Asian exporters and banks made
major positive contribution to index. Lenovo Group Ltd. jumped 3.8%, Esprit
Holdings Ltd. added 4.6% while Cosco Pacific Ltd. rallied by 7.8%.
Among the financial sector Industrial & Commercial Bank of China Ltd. edged up 2.3%
whereas Standard Chartered PLC jumped 3.7%.