Hong Kong - Asia markets rebounded as investors hunted for bargains on Tuesday, with Hong Kong making the greatest recovery of more than 14 per cent just a day after seeing their worst one-day fall for 11 years.
The blue-chip Hang Seng Index climbed 1,580.45 points, or 14.35 per cent, to close the day at 12,596.29 points, recovering all its losses from Monday in one of its biggest one-day rallies ever.
Turnover was 66 billion Hong Kong dollars (8.51 billion US dollars) and the scale of the recovery forced the stock market to issue a statement saying the "unusual" activity appeared legitimate.