Hong Kong - Hong Kong shares surged by more than 5 per cent Wednesday as confidence in stimulus and bailout packages announced in China and the US pushed prices up.

The blue-chip Hang Seng Index climbed 824.5 points or 5.6 per cent to 15,577.7 points. Turnover was a healthy 61.9 billion Hong Kong dollars (about 8 billion US dollars).

Wednesday's strong performance built upon Monday's surge of 8.7 per cent. Prices fell slightly Tuesday before gaining steadily throughout Wednesday. (dpa)