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The Hang Seng Index rose 0.3 per cent to 25,700.51 as of 10.11am local time. The Hang Seng Tech Index gained 0.5 per cent.
On the mainland, the CSI 300 Index climbed 0.9 per cent and the Shanghai Composite Index added 0.5 per cent.
Tencent, the second-biggest weighting on the Hang Seng Index, gained 1 per cent to HK$592. Semiconductor Manufacturing International advanced 3.8 per cent to HK$54.05 and Anta Sports Products added 2.9 per cent to HK$92.60.
Investors also took comfort from data on China’s money supply. M1, a measure of cash in circulation and corporate demand deposits, rose 5.6 per cent last month from a year earlier, the fastest pace since February 2023, according to a report released by the central bank on Tuesday. An increase in M1 typically points to an improvement in economic activity.
