Hong Kong's Hang Seng Index (HSI) hit another record high on Tuesday, thanks to confidence in the Qualified Domestic Institutional Investor (QDII) program boosting share prices as well as strong regional performances. The HSI rose 1.74% to finish at 22,151, breaking the previous record of 21,999 set on June 22, the South China Morning Post reported. Markets in Indonesia, India, Thailand and the Philippines also closed at new highs, while the Shanghai Composite Index rose 1.65% to 3,899. Hong Kong-listed China stocks were the big winners, particularly those that don't have A-share listings and which might therefore prove attractive to QDII players. This included China Shenhua Energy, which saw a 6.59% bump in its share price following an announcement that it would sell as many as 1.8 billion A-shares in Shanghai. It will also purchase US$437.9 million in assets from its parent group. Based on Shenhua's closing price on Tuesday, the share offering could rise about US$6.7 billion.