Hong Kong stocks ended higher on Tuesday, after US President Donald Trump and North Korean leader Kim Jong Un signed a 'comprehensive' deal aimed at the denuclearisation of the Korean peninsula, while Washington committed to provide security guarantees for its old enemy.
The Hang Seng index closed up 0.1 percent at 31,103.06 points, while the China Enterprises Index ended 0.3 percent higher at 12,206.57 points. US President Donald Trump and North Korean leader Kim Jong Un pledged on Tuesday to work towards complete denuclearisation of the Korean peninsula. But a joint statement signed at the end of their historic summit in Singapore gave few details on how either goal would be achieved.
As of the previous trading session, the Hang Seng index was up 3.83 percent this year, while China's H-share index was up 4.0 percent. As of previous close, the Hang Seng gained 1.95 percent this month. The top gainers among H-shares were CSPC Pharmaceutical Group Ltd, which ended 5.12 percent higher.