Hong Kong stocks rose 485.14 points, or 2.15 percent, to close on Wednesday at 23,053.57. The benchmark Hang Seng Index traded between 22,737.44 and 23,342.07.
Turnover totaled 112.09 billion HK dollars (14.41 billion U.S. dollars).
The Hang Seng China Enterprises Index moved up 277.32 points, or 2.7 percent, to close at 10,560.74 points.
Four sub-indices all gained ground, with the Properties sub-index rising the most by 2.62 percent, followed by the Finance 2.36 percent, the Commerce and Industry 1.93 percent and the Utilities 1.01 percent.
Banking giant HSBC, which accounts for the largest weighting of the Hang Seng Index, rose 0.5 percent to 60.80 HK dollars.
Bank of East Asia, one of the largest local banks in Hong Kong, added 1.7 percent to close at 29.40 HK dollars.
Local bourse operator HKEX gained 4.7 percent to 209.20 HK dollars.
China Mobile, China's dominant mobile carrier, went up 2.4 percent to 95.00 HK dollars.
China Unicom, another Chinese telecom giant, climbed 1.1 percent to 9.55 HK dollars.
Sun Hung Kai, one of Hong Kong's largest property developer by market value, rose 1.0 percent to 100.07 HK dollars. Henderson Land increased 2.3 percent to 50.15 HK dollars.
Mainland-based financial stocks ended mixed. Bank of China went up 2.0 percent to 3.63 HK dollars. China Construction Bank gained 2.9 percent to 5.73 HK dollars. ICBC increased 2.7 percent to 4.98 HK dollars.
As for energy stocks, China's top refiner Sinopec moved up 1.4 percent to 5.69 HK dollars.
PetroChina, the country's largest oil and gas producer, rose 4.0 percent to 6.24 HK dollars. (1 U.S. dollar = 7.75 HK dollars)
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