Mainland China stocks depressed as Hong Kong market surges

29.03.2023

Hong Kong stocks rose on Tuesday, as investor fears of deeper banking stress were eased after failed Silicon Valley Bank secured a buyer. Chinese shares, however, were dragged lower by information technology companies.

Hong Kong's benchmark Hang Seng Index climbed 1.1%, and the China Enterprises Index added 1.2%.

China's blue-chip CSI300 Index...