Hong Kong's BYD Co. $1211.HK shares soared to unprecedented levels, sharply widening their premium over their mainland equivalents and capturing the attention of global investors. This remarkable ascent highlights the market's shifting dynamics and signals changing preferences among international capital.

Shares of CK Hutchison, the renowned Hong Kong conglomerate, saw a 1% uptick on Tuesday amid anticipation of a deal involving the sale of its Panamanian ports to a group led by BlackRock. This transaction is expected to be finalized by April 2. However, recent developments have stirred a mix of market reactions and media response.