Hong Kong stocks slightly slipped on Tuesday's close after rebounding during the day, reflecting cautious investor sentiment amid global economic concerns following a broader decline in Asian markets due to concerns over U.S. economic growth.

The Hang Seng China Enterprises Index, however, rose on selective buying of tech and financial stocks, providing a slight support to the market.

The Hang Seng Index slipped 0.01%, or 1.35 points, to close at 23,782.14. The Hang Seng China Enterprises Index rose 0.35%, or 30.36 points, to end at 8,755.37.

February saw the largest net purchases of Hong Kong stocks by South Korean investors in three years. The trend has continued into March, a Bloomberg report said.

Meanwhile, 1,478 Chinese mainland companies were listed on the Hong Kong Stock Exchange as of Dec. 31, 2024, accounting for over 80% of the market's capitalization, a Global Times report said.

On the geopolitical front, China and the US are looking to host a "birthday summit" between Presidents Xi Jinping and Donald Trump in June in the US during their birth month in June, according to the Wall Street Journal.

In corporate news, Lingbao Gold Group's (HKG:3330) shares slumped over 11% on Tuesday's close as it plans to raise about HK$228.8 million through share placement of 43,500,000 to six places.

Beijing Airdoc Technology (HKG:2251) expects an attributable loss to owners of about 240 million yuan to 250 million yuan for 2024, compared with 132.5 million yuan a year earlier. Shares of the company fell nearly 7% on Tuesday's close.