Hong Kong stock market closed higher in volatile trading on Tuesday, 25 August 2015, as 'bargain hunters' snap up the battered stocks. Some major blue chip companies which were hammered yesterday surged today, as 'bargain hunters' moved in to pick up what they see as cheap stocks. The Hang Seng Index (HSI) opened down 132 points but closed higher for the morning session, benefiting from the deal reached by the Korean peninsula and the rally of Asian markets. In afternoon trade, it was dragged down by the Shanghai market before recovering all of its losses by market close. The Hang Seng Index ended higher by 153.39 points, or 0.72%, at 21404.96 points. The Hang Seng China Enterprises Index, benchmark measure of performance of mainland China enterprises, sank 88.25 points, or 0.92%, to 9514.04 points. Turnover reduced slightly to HK$134.5 billion from HK$139 billion on Monday.
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