Hong Kong stocks followed Asian markets higher, as strong US jobs data offset worries that tariff wars between the United States and the rest of the world could retard global economic growth. The Hang Seng index rose 1.7 percent, to 30,997.98, while the China Enterprises Index gained 1.9 percent, to 12,249.58 points.
The sub-index of the Hang Seng tracking energy shares rose 0.5 percent while the IT sector rose 2.45 percent, the financial sector was 1.54 percent higher and the property sector rose 2.43 percent. The top gainer on Hang Seng was Country Garden Holdings Co Ltd up 4.97 percent, while the biggest loser was China Resources Power Holdings Co Ltd which was down 1.14 percent.
Around the region, MSCI's Asia ex-Japan stock index was firmer by 1.22 percent while Japan's Nikkei index closed up 1.37 percent.
As of the previous trading session, the Hang Seng index was up 1.92 percent this year, while China's H-share index was up 2.7 percent. As of the previous close, the Hang Seng has risen 0.08 percent this month. The top gainers among H-shares were People's Insurance Group of China Co Ltd up 8.89 percent, followed by China Vanke Co Ltd gaining 6.6 percent and China Gas Holdings Ltd up by 5.05 percent.
About 1.89 billion Hang Seng index shares were traded, roughly 108.3 percent of the market's 30-day moving average of 1.75 billion shares a day. The volume traded in the previous trading session was 2.86 billion.