The Hang Seng index ended up 0.1% at 25,302.28, while the China Enterprises Index gained 0.2% to 9,866.18.
The benchmark HSI started the day 1.7% higher, after Washington delayed tariffs on some Chinese imports.
According to the report, U.S. President Donald Trump on Tuesday has backed off his 1 September deadline for 10% tariffs on remaining Chinese imports – delaying duties on cellphones, laptops and other consumer goods, in the hopes of blunting their impact on U.S. holiday sales.
China’s economy stumbled more sharply than expected in July, with industrial output growth cooling to a more than 17-year low, as the intensifying U.S. trade war took a heavier toll on businesses and consumers.
Activity in China has continued to cool despite a flurry of growth steps over the past year, raising questions over whether more rapid and forceful stimulus may be needed, even if it risks racking up more debt. Additionally, worries persisted over the protests that threatened to hit the city’s economy.