Hong Kong Hang Seng gains 2%

The Hong Kong stock market finished session higher on Tuesday, 02 January 2018, thanks to a policy boost from the Chinese central bank to support liquidity in the banking system and the regulator's plan to launch a trial programme to allow full circulation of H shares. Sentiment is also buoyed by a private business survey showing growth in China's manufacturing sector unexpectedly picked up to a four-month high in December as factories cranked up production to meet a surge in new orders. The HSI closed up 2%, or 596.16 points, at 30,515.31, extending the bullish streak to a sixth straight session. The Hang Seng China Enterprises Index, or the H-share index, jumped 3.1%, or 359.69 points, to 12,068.99.

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