Hong Kong's benchmark equity index rose on Tuesday as stronger Chinese home price data signalled that the world's second-largest economy could be stabilising, following attempts by Beijing to put a floor under slowing growth. The Hang Seng index gained 319.15 points or 1.07 percent to 30,129.87. The Hang Seng China Enterprises index rose 1.63 percent to 11,821.18.
The sub-index of the Hang Seng tracking energy shares rose 0.6 percent, while the IT sector added 1.18 percent, the financial sector ended 1.96 percent higher and the property sector dipped 0.43 percent.
The top gainer on the Hang Seng was China Construction Bank Corp, which rose 3.91 percent, while the biggest loser was Sunny Optical Technology Group Co Ltd, which fell 2.38 percent.