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HK stocks hit 1-week high as lockdown eases, civil servants to resume work

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HONG KONG: Hong Kong shares on Tuesday climbed to their highest level in more than a week, as the financial hub showed some signs of returning to normalcy with civil servants set to head back into offices after the government eased lockdown restrictions.

At the close of trade, the Hang Seng index was up 1.2% at 24,575.96, having reached its highest level since April 17 during the session. The Hang Seng China Enterprises index gained 1.1%.

Outdoor sports facilities, libraries and museums would also reopen from Monday, although they would still be subject to a ban on gatherings of more than four people, said Lam. China's main Shanghai Composite index closed down 0.2% as corporate earnings loomed, but the blue-chip CSI300 index and the start-up board ended higher on regulatory reform.

 

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