Hong Kong stocks Wednesday gained 452.97 points, or 2.34 percent, at 19,783.67, tracking rebounds of Wall Street overnight on U.S. Federal Reserve promised at least two more years of near-zero interest rates.
The benchmark Hang Seng Index traded between 20,105.87 and 19, 672.66. Turnover totaled 82.84 billion HK dollars (about 10.61 billion U.S. dollars).
The Hang Seng China Enterprises Index rose 154.34 points, or 1. 48 percent, to close at 10,580.41.
All four sub-indices gained ground. The Commerce and Industry sub-index became the biggest gainer, growing 3.15 percent, followed by the Properties sub-index, rising 2.14 percent, the Finance, 1.91 percent, the Utilities, 0.70 percent.
Heavyweight HSBC Holdings, alone contributed 112 points to the benchmark index, gained 3.92 percent to 69 HK dollars. China Mobile surged 4.91 percent to 72.60 HK dollars.
Mainland lenders finished higher in general. China Construction Bank, moved up 0.77 percent to 5.26 HK dollars. ICBC added 1.01 percent to 5.01 HK dollars. Bank of China rose 1.01 percent to 3. 01 HK dollars.
Insurance stocks closed up. China Life jumped 3.07 percent to 21.85 HK dollars. Ping An edged up 0.4 percent to 63.50 HK dollars.
Property heavyweights moved up. Cheung Kong Holding, a powerful HK-based developer controlled by billionaire Li Ka-shing, rose 2. 37 percent to 107.9 HK dollars. Sun Hung Kai Properties closed at 107 HK dollars, growing 2.29 percent. Henderson Land ended 2.33 percent higher to 43.95 HK dollars.
As for energy and resources shares, the HK listed unit of China 's National Offshore Oil Corporation, CNOOC, surged 5.99 percent to 14.52 HK dollars. China Shenhua went up 1.81 percent to 33.80 HK dollars. PetroChina advanced 3.03 percent to 9.53 HK dollars. ( 1 U.S. dollar = 7.805 HK dollars)
Source: Xinhua