Hong Kong shares ended slightly higher on Tuesday after a volatile session, as gains in financial and gold mining stocks helped offset continued weakness in technology shares.
The benchmark Hang Seng Index rose 59 points, or 0.22 percent, to close at 26,834, after swinging between a gain of more than 350 points and a loss of over 340 points during the day. Turnover on the main board totalled HK$335.1 billion.
The China Enterprises Index slipped 0.29 percent to 9,053, while the Hang Seng Tech Index fell 1.06 percent to 5,467.
Technology stocks remained under pressure. Tencent (0700) dropped 2.9 percent, Alibaba (9988) fell 1.4 percent, Meituan (3690) declined 1.7 percent, Xiaomi (1810) lost 1.3 percent, JD.com (9618) eased 0.7 percent, and Kuaishou Technology (1024) slid 4.6 percent.
Financial shares were mixed. HSBC Holdings (0005) jumped 3.1 percent, AIA Group (1299) gained 0.4 percent and Ping An Insurance of China (2318) rose 0.8 percent, while Hong Kong Exchanges and Clearing (0388) edged down 0.5 percent.
Gold miners advanced as bullion prices rebounded. Zijin Mining (2899) climbed 4.5 percent, China Gold International Resources (2099) surged 7.8 percent, Zhaojin Mining Industry (1818) added 3.6 percent, and Shandong Gold Mining (1787) rose 3.9 percent.
Mainland Chinese stocks posted strong gains. The Shanghai Composite Index jumped 1.29 percent to 4,067, marking its biggest single-day rise since early last month, while the Shenzhen Component Index climbed 2.19 percent to 14,127.
