Hong Kong stocks bounce back after two-day rout

Hong Kong shares climbed more than one percent at the start of trade on Wednesday as bargain-buyers moved in following a painful three-day sell-off sparked by Beijing’s latest crackdown on a range of industries.

The Hang Seng Index rose 1.08 percent to 25,357.

The benchmark Shanghai Composite Index slipped 0.75 percent to 3,356, while the Shenzhen Composite Index on China’s second exchange shed 0.90 percent to 2,310. (AFP)