HK stocks rebound as Wall Street pushes higher

HONG KONG, Nov. 29 (Xinhua) -- Hong Kong shares ended higher on Thursday, tracking gains on Wall Street overnight.

The benchmark Hang Seng Index rose 213.91 points, or 0.99 percent, to close at 21,922.89 points, after trading between 21, 786.03 and 21,996.40 points. Turnover totaled 54.46 billion HK dollars (about 7.03 billion U.S. dollars).

The Hang Seng China Enterprises Index rose 88.94 points, or 0. 86 percent, to close at 10,488.10.

All four sub-indices gained ground. The Properties sub-index added 1.34 percent, the Utilities went up 1.09 percent, the Finance added 0.97 percent and the Commerce & Industry ended 0.88 percent higher.

Banking giant HSBC, which accounts for the largest weighting of the Hang Seng Index, added 0.58 percent at 77.65 HK dollars, and its local unit Hang Seng Bank went up 1.03 percent at 118.1 HK dollars. Bank of East Asia, another Hong Kong's major bank, gained 0.85 percent to 29.55 HK dollars.

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