Hong Kong stocks closed more than one percent down Tuesday but managed to recover earlier losses made during the day. Investors remain tense ahead of the imposition of US tariffs on Chinese goods at the week's end. The Hang Seng Index shed 1.41 percent, or 409.54 points, to close at 28,545.57 as traders returned following an extended weekend after Monday’s market holiday.

The benchmark Shanghai Composite Index gained 0.41 percent, or 11.33 points, to 2,786.89 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, increased by 0.76 percent, or 11.98 points, to 1,594.24

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