Although most of Asian markets declined on Tuesday's trading
session, Hang Seng Index managed to recover from losses and closed higher. Hang
Seng ended at 18,251.59, 0.1% or 25.74 points higher than in the previous session.
Hong Kong index received positive contribution from globally exposed firms. Ports
operator Cosco Pacific Ltd added 1.8% and Li & Fung surged
3.4% while Tsingtao Brewery Co gained 1.6%.
Among main decliners were China based banks. Bank of China Ltd lost 2% whereas China Construction Bank Corp
fell 1.1%.