Hong Kong: Stocks close sharply higher

[HONG KONG] Hong Kong shares finished higher on Tuesday on receding fears around the Omicron coronavirus variant and signs of China's central bank limiting the fallout from debt crises in the country's property sector.

The Hang Seng Index was up 2.72 per cent or 634.28 points to 23,983.66.

The Shanghai Composite Index was up 0.16 per cent or 5.78 points to 3,595.09 while the Shenzhen Composite Index on China's second exchange fell 0.72 per cent or 18.01 points to 2,477.49.

AFP