HONG KONG (Nikkei Markets) -- Hong Kong stocks jumped on Tuesday to send the benchmark Hang Seng Index to its highest close in more than 10 years, with heavyweights Tencent Holdings, AIA Group and Ping An Insurance Group powering the advance.
The Hang Seng Index rose 1.9% to end at 29,818.07, its highest close since October 2007. Tencent, the city's most valuable listed company, jumped 2.4% to HK$430, a fourth day of gains that pushed its market value to 4.08 trillion Hong Kong dollars ($522.3 billion). The rally came amid investor confidence over the launch of its new mobile game, Glorious Mission, which was to be made available to a section of the public for testing on Tuesday.
