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hongkongHONG KONG: Hong Kong shares surged 4.15 percent Tuesday as global markets rebounded from huge recent losses on bargain buying, with traders hopeful EU leaders will plot a way out of its debt crisis.

The benchmark Hang Seng Index jumped 722.75 points to end at 18,130.55 on turnover of HK$71.36 billion ($9.16 billion).

Chinese shares closed up 0.91 percent. The Shanghai Composite Index, which covers both A and B shares, was up 21.87 points at 2,415.05 on turnover of 55.3 billion yuan ($8.7 billion).

Copyright AFP (Agence France-Presse), 2011

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