HONG KONG Jan 8 Hong Kong shares posted their
biggest daily gain in more than seven weeks on Wednesday, with
Daphne International leading strong gains for China-focused shoe
The Hang Seng Index ended up 1.3 percent at 22,996.6
points after its biggest one-day rise since Nov. 18. The China
Enterprises Index of the leading offshore Chinese
listings in Hong Kong had its first winning day in 2014, gaining
China Overseas Land climbed 6.6 percent as
investors covered short positions after the property developer
issued new bonds.
Daphne, which surged 14 percent on Tuesday, rose a
further 16 percent.