Fri, 18 Jan 2013 13:38:04 GMT
Hong Kong stocks gain as Chinese economy rebounds
Hong Kong shares advanced after Chinese economic reports showed the nation has snapped the declining economic growth which throughout the last seven quarters. The Hang Seng index closed up 1.1% at 23,601.8, showing its highest level since June 2011. Growth-sensitive groups, such as banks, were among the best performing benchmark indices. All sectors edged higher with oil and gas shares