Hong Kong  - Hong Kong shares climbed 2 per cent Wednesday in a second consecutive day of gains spurred by the recovery in the price of HSBC shares.

The blue-chip Hang Seng Index added 236.61 points, or 2.02 per cent, to close the day at 11,930.66. Turnover was 44.7 billion Hong Kong dollars (5.76 billion US dollars.)

The rise was led by a 1.99 per cent increase in HSBC shares which at the start of trading jumped 11.7 per cent higher, pulling the index up by 4.6 per cent in the opening minutes.

Shares in the heavyweight stock climbed nearly 14 per cent Tuesday after plunging by 24 per cent Monday to its lowest level since 1995, dragging the Hang Seng Index to a four-month low. (dpa)