HONG KONG, Jan. 23 (Xinhua) -- Hong Kong stocks closed up 537.29 points, or 1.66 percent, to 32,930.70 points on Tuesday.

The benchmark Hang Seng Index traded between 32,554.23 and 32,930.70. Turnover totaled 197.98 billion Hong Kong dollars (about 25.33 billion U.S. dollars).