HONG KONG: Hong Kong stocks climbed 0.31 percent in the morning session Tuesday as weak US data tempered talk of an early Federal Reserve rate hike, while hopes for fresh Chinese stimulus measures sent Shanghai rallying.
The benchmark Hang Seng Index added 73.42 points to 24,022.97 by lunch on turnover of HK$42.19 billion ($5.44 billion).
In mainland China the benchmark Shanghai Composite Index rallied 1.16 percent, or 40.16 points, to 3,489.47.
The Shenzhen Composite Index, which tracks stocks on China’s second exchange, rose 1.15 percent, or 20.24 points, to 1,780.43.