China's stock exchanges on Tuesday said major quant fund Lingjun Investment had broken rules on orderly trading and barred it from buying and selling for three days, as part of wider regulatory measures to revive market confidence.
The Hang Seng TECH Index advanced 3%. Meituan climbed 6.4%, EV maker Li Auto added 5.1%, JD.com jumped 2.8%, Tencent added 2%, and Alibaba climbed 1.7%.