Hong Kong share market finished session modestly higher on Monday, 05 June 2023, with shares of financials and utilities leading gains, as risk sentiments underpinned by Wall Street rallies on a bumper US jobs report and a deal in Congress to avert a debt default.

The strength on the market also supported by China's better-than-expected Caixin/S&P Global services purchasing managers' index (PMI) survey data and expectations Beijing will roll out measures to support an economic recovery.

At closing bell, the benchmark Hang Seng Index advanced 158.56 points, or 0.84%, to 19,108.50. The Hang Seng China Enterprises Index surged 35.57 points, or 0.55%, to 6,463.90.

Among blue chips, Chinese chip maker Semiconductor Manufacturing International Corp jumped 6.3% to HK$21.20 and online travel agency Trip.com Group added 4.4% to HK$268.20. Insurer AIA Group rose 2.4% to HK$79.90 and Hang Seng Bank rallied 2.7% to HK$109.80. Tencent Holdings advanced 1.2% to HK$338.20 and Alibaba Group Holding climbed 0.3% to HK$82.75.

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