Hong Kong's Hang Seng index advanced rapidly on Thursday, as investors returned from 5-day Lunar New Year holidays and appreciated the Fed decision of extending period for low interest rates. Hang Seng Index rallied 1.64% or 328.77 points and closed at 20,439.14, supported by financial, resource and logistics stocks. Aluminum Corp. of China added 3.3%, Sino Land Co. surged 4.8%, while Li & Fung Ltd. and China Life Insurance each gained 3.5% and 4.3% respectively. HSBC Holdings PLC showed weaker performance, adding only 0.8%, as the firm is under investigation of money laundering .