Hong Kong stocks closed higher on Tuesday after it led a rally across Asian markets over hopes of Shanghai gradually reopening businesses after weeks of Covid lockdowns.

The Hang Seng rose 3.3 percent, or 652 points, to 20,602.

The Shanghai Composite Index also rose 0.7 percent, or 19 points, to 3,093, while the Shenzhen Composite Index, the mainland's second exchange, bumped up 0.7 percent, or 14 points, to 1,940. (AFP)