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CORRECTED: Hong Kong stocks end 0.49% higher

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(Globalpost/GlobalPost)

Hong Kong shares rose 0.49 percent on Tuesday following another rally on Wall Street, while higher-than-expected Chinese inflation data also provided a boost.

The benchmark Hang Seng Index rose 100.82 points to 20,683.01 on turnover of HK$44.00 billion ($6.68 billion).

Chinese shares ended up 0.37 percent. The benchmark Shanghai Composite Index rose 7.18 points to 1,965.45 on turnover of 52.2 billion yuan ($8.5 billion).

dan/ia

http://www.globalpost.com/dispatch/news/afp/130709/corrected-hong-kong-stocks-end-049-higher