Hong Kong - Hong Kong stocks continued their rebound Wednesday after a volatile two days which saw the Hang Seng's Index record its biggest loss and biggest gain in more than 10 years.

The blue-chip index ended the morning's trading 171 points, or 1.4 per cent higher, rising to 12,767 points.

The increase continued the rebound which began Tuesday when bargain hunters pushed the index up by 14.35 per cent, its biggest rally in more than 10 years.

Hong Kong - Hong Kong stocks continued their rebound Wednesday after a volatile two days which saw the Hang Seng's Index record its biggest loss and gain in more than 10 years.

The blue-chip index gained 248 points or almost 2 per cent in the first 15 minutes of trading Wednesday rising to 12,844 points.

The rebound began Tuesday when bargain hunters pushed the index up by 14.35 per cent, its biggest rally in more than 10 years.

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.

Hong Kong - Hong Kong stocks staged an astonishing recovery Tuesday, rebounding by more than 14 per cent just one day after suffering their worst one-day fall for 11 years.

Hong Kong  - Hong Kong stocks staged an astonishing recovery Tuesday, rebounding by 13 per cent just a day after seeing their worst one-day fall for 11 years.

Hong Kong  - Hong Kong leader Donald Tsang Tuesday announced a 12-strong task force of business leaders and politicians to tackle the impact of what he called the "financial tsunami."

The task force, which will be headed by Tsang and his financial secretary, will meet regularly to decide on policies to help shield the wealthy city of 6.9 million from the global economic slump.

He appointed Standard Chartered Bank chairman Mervyn Davies and Victor Fung, head of trading conglomerate Li & Fung, among others.

Hong Kong stock prices have fallen dramatically since the onset of the global financial crisis, losing nearly 13 per cent of their value Monday for the biggest one-day drop in 11 years.