The Hong Kong stocks closed at their highest level in the past 25 months, fueled by the optimism of China-US WTO deal and a major telecom deal of Hutchison Whampoa.

The benchmark Hang Seng Index soared 372.55 points, or 2.63 percent to close at 14,562.22 on November 15.

Trades said the market was driven by investors' optimism about the China-US WTO talks, and a deal between Hutchison and U.S. fiber optic network builder Global Crossing Ltd.

The turnover was 14.176 billion HK dollars (1.817 billion US dollars), up 1.797 million HK dollars (230 million US dollars) from Thursday's 12.379 billion HK dollars (1.58 billion US dollars). !! Sub-indices of Finance, Utilities, Properties and Commerce & Industry went up 1.58 percent, 3.15 percent, 3.49 percent and 2.88 percent respectively. !! The Hang Seng China Enterprises Index surged 9.59 percent and Hang Seng China-Affiliated Corporations Index increased 9.65 percent. !! The Hang Seng index rose 117.20 points, or 0.83 percent to open at 14,306.87 on Monday. The stock prices kept on the rise and finished the morning session at 14,454.84.