HK shares rebound sharply as Li & Fung leaps

(Updates to open)

HONG KONG, Nov 14 (Reuters) - Hong Kong stocks rebounded
broadly on Wednesday following a rally on Wall Street, with
export play Li & Fung (0494.HK: Quote, Profile, Research, Stock Buzz) the top blue chip gainer after
its key customer Wal-Mart (WMT.N: Quote, Profile, Research, Stock Buzz) reported surprisingly strong
earnings.

The benchmark Hang Seng Index .HSI opened up 3.5 percent at
28,787.40.

The China Enterprises index of H shares .HSCE, or Hong
Kong-listed shares in mainland companies, jumped 4.3 percent at
the open.
(Reporting by Rita Chang; editing by Anne Marie Roantree)