SHANGHAI – Hong Kong shares closed more than 1 percent higher on Tuesday, driven by gains in the real estate and technology sectors, while energy stocks jumped on higher underlying commodity prices.
The Hang Seng index rose 1.2 percent, to 24,500.39, while the China Enterprises Index gained 1.6 percent, to 8,720.30.
The Hang Seng Property Index and the Hang Seng Mainland Properties Index added 2.8 percent and 6.4 percent, respectively.
The Hang Seng Tech Index gained 2.1 percent, with e-commerce giant Alibaba Group jumping 6.3 percent.
The energy sub-index surged 5.2 percent amid high power prices.