Hong Kong stocks rebounded sharply on Wednesday, with the benchmark Hang Seng Index posting its biggest one-day percentage rise since May 2016. The market will close on Thursday afternoon for the Lunar New Year holiday, and will resume trading on February 20. At close of trade, the Hang Seng index was up 676.07 points or 2.27 percent at 30,515.60. The Hang Seng China Enterprises index rose 2.14 percent to 12,260.99.
The sub-index of the Hang Seng tracking energy shares rose 1.4 percent while the IT sector rose 2.3 percent, the financial sector was 2.99 percent higher and property sector rose 2 percent. The top gainer on Hang Seng was Hang Seng Bank Ltd up 7.71 percent, while the biggest loser was WH Group Ltd which was down 0.33 percent.
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