(Updates to open)
HONG KONG, Jan 17 (Reuters) - Hong Kong blue chips rebounded
1 percent on Thursday from their worst once-day loss since Sept
2001, with export play Li & Fung (0494.HK) gaining 8 percent at
the open and HSBC Holdings (0005.HK) rising 1.7 percent.
The benchmark Hang Seng Index .HSI opened at 24,705.08.
The China Enterprises index of H shares .HSCE, or Hong
Kong-listed shares in mainland companies, was up 1.7 percent.
The previous day, Wednesday, the Hang Seng index had dropped
5.4 percent.
(Reporting by Rita Chang; editing by Dominic Whiting)