China's markets rebound on Hong Kong's recovery

Beijing - Chinese shares gained 2.81 per cent on Tuesday following a strong rebound in Hong Kong.

The benchmark Shanghai Composite Index gained 2.81 per cent, or 48.47 points, to close at 1,771.82. The Shenzhen index rose 2.73 per cent, or 156.31 points, to close at 5,891.12 points.

The combined turnover climbed to 56.57 billion yuan (8.3 billion US dollars), from the previous trading day's 47.18 billion yuan. Gainers outnumbered losers by 673 to 139 in Shanghai and 593 to 92 in Shenzhen.

With just under an hour of trading to go, Hong Kong's Hang Seng Index was up by 1,432.97 points or 13.01 per cent, at 12,448.81 points, recovering all its losses from the previous day. dpa lw hp pw

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