HONG KONG: Hong Kong stocks opened higher on Tuesday as fears of a banking sector crisis eased after a regional US lender agreed to buy most of collapsed rival Silicon Valley Bank.
The Hang Seng Index jumped 0.99 percent, or 194.22 points, to 19,761.91.
The Shanghai Composite Index rose 0.24 percent, or 7.88 points, to 3,259.28, while the Shenzhen Composite Index on China’s second exchange edged down 0.09 percent, or 1.97 points, to 2,117.21.