The bipartisan deal is expected to move through Congress alongside a separate bill that would spend trillions more on what Biden called human infrastructure.
At closing bell, the benchmark Hang Seng Index advanced 1.4%, or 405.76 points, to 29,288.22. The Hang Seng China Enterprises Index added 1.88%, or 201.14 points, to 10,878.45.
The sub-index of the Hang Seng tracking the commerce & industry sector added 2.14%, the finance sector added 0.75%, and the properties sector added 0.18%, while utilities sector fell 0.2%.
The breakthrough in infrastructure spending talks overnight has lifted sentiments, with spending plans historically being a positive for the markets. A recovery in the U.S. economy is a boon for the export-driven Asian region. Although the vaccine rollout in Asia has lagged behind most parts of U.S. and Europe, the region's economies are likely to benefit from an overseas recovery.
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