HK Hot Stocks: Resource plays leap, StanChart vaults

HONG KONG, Feb 27 (Reuters) - Here are some stocks on the move in Hong Kong on Wednesday:

As of 0221 GMT, the blue-chip Hang Seng Index .HSI was up 2.5 percent, tracking advancing global equities.

The index opened up 1.9 percent at 24,161.19.

STOCKS ON THE MOVE:

* Global lenders leap

Standard Chartered (2888.HK: Quote, Profile, Research, Stock Buzz) jumped 8 percent to HK$260 after its annual results beat forecasts with a 27 percent rise in annual profit, despite a higher write-down on risky assets.

StanChart also said it was confident of a strong 2008 [ID:nWLB7698].

HSBC Holdings plc (0005.HK: Quote, Profile, Research, Stock Buzz) leapt 3 percent to HK$123.30, on track to notch up a five-session winning streak. * Resource shares jump

Gold shares climbed after spot gold prices hit historic highs.