SHANGHAI: Hong Kong stocks climbed to a 20-month high on Tuesday, helped by steady and robust demand from investors in mainland China for shares in the Asian financial hub.
Leading the gains, the Hang Seng tech index jumped 4% to a fresh high, while the Hang Seng financials index rose 2.9%. Mainland investors purchased 18.9 billion yuan worth of Hong Kong stocks on Tuesday via the Stock Connect linking mainland and Hong Kong, after spending a record HK$23 billion on Monday, according to HKEX and Refinitiv data.