Hong Kong stocks advanced on Tuesday after Chinese officials pledged they would unveil a slew of measures to shore up economic growth, and reiterated confidence in the stability of yuan. The Hang Seng index settled 2 percent higher at 26,830.29 points. The Hang Seng China Enterprises index also rose 2 percent.
The sub-index of the Hang Seng tracking energy shares rose 2.7 percent, while the IT sector gained 2.2 percent, the financial sector ended almost 2 percent higher and the property sector rose 1.7 percent.
The top gainer on the Hang Seng was AAC Technologies Holdings Inc, which gained 5.2 percent.
The top gainers among H-shares were China Tower Corp Ltd, up 5.4 percent, followed by China Life Insurance Co Ltd gaining 4.3 percent and CNOOC Ltd rising 4.1 percent. About 1.88 billion Hang Seng index shares were traded. Trading volume in the previous session was 1.47 billion.
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