Hong Kong stocks continued to ride the wave and closed Tuesday's session at a new record of 16,928.29, up 95.01 points, or 0.56 percent, over the previous close at 16,833.28.

The turnover was 16.710 billion HK dollars (2.142 billion US dollars), 5.692 billion HK dollars (730 million US dollars) up from Friday's 11.018 billion HK dollars (1.412 billion US dollars).

The Hang Seng Index closed at an all-time high last Friday since August 7, 1997. The stock market was closed on the following three days for Christmas holidays.

Brokers said the market focus was still on technology-related stocks, while the demand for blue chip laggards boosted the index.

Of the four sub-indices, Utilities, Properties and Commerce & Industry rose by 0.04 percent, 0.37 percent and 1.55 percent respectively, while Finance dropped by 0.74 percent.

China-related stocks ended higher with the Hang Seng China Enterprises Index up 2.02 percent and Hang Seng China-Affiliated Corporations Index up 3.63 percent.

Hong Kong stocks lost 12.41 points, or 0.07 percent, to open at 16,820.87 Tuesday. The stock prices went up and closed the morning session at 16,948.62.