Hong Kong shares closed higher on Tuesday after the Asian financial hub scaled back social distancing measures put in place to curb the spread of the pandemic, and as economies elsewhere also showed signs of re-opening businesses.[HONG KONG] Hong Kong shares closed higher on Tuesday after the Asian financial hub scaled back social distancing measures put in place to curb the spread of the pandemic, and as economies elsewhere also showed signs of re-opening businesses.
The Hang Seng index closed up 1.1 per cent at 23,868.66. The Hang Seng China Enterprises index rose 1 per cent. The Hong Kong government said on Tuesday it will relax restrictions on public gatherings and allow gyms, cinemas and beauty parlours to re-open later this week. The Chinese-ruled city has not reported any local transmissions for more than two weeks and recorded zero cases for seven of the past 10 days.
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