India, May 12 -- The Hong Kong stock market has tracked higher in eight straight sessions, soaring almost 1,600 points or 7.1 percent along the way. The Hang Seng Index now sits just beneath the 23,550-point plateau and it's expected to at least open in positive territory on Tuesday.
The global forecast for the Asian markets is upbeat on optimism over easing tariff concerns. The European and U.S. markets were solidly higher and the Asian bourses are expected to open in similar fashion.
The Hang Seng finished sharply higher on Monday with gains across the board, especially among the financials, properties and technology stocks.
For the day, the index surged 681.72 points or 2.98 percent to finish at 23,549.46 after trading between 22,982....