Hong Kong stocks jump on global rebound; China rises on stimulus hopes

jueves 18 de febrero de 2016 00:53 GYT

* CSI300 +0.5 pct; SSEC +0.4 pct; HSI: +2.1 pct

* Energy shares in China, HK jump on higher oil prices

* Hang Seng Index hits a two-week high

SHANGHAI, Feb 18 (Reuters) - Hong Kong stocks advanced over 2 percent on Thursday morning, aided by a surge in energy shares, following overnight gains in U.S. and European equities and a jump in oil prices.

China stocks were also firmer, with investor optimism sustained by Beijing's fresh moves to support the economy, and expectations that more stimulus is in the pipeline.

The Hang Seng index, Hong Kong's benchmark, gained 2.1 percent to 19,327.84 points, hitting a two-week high. The Hong Kong China Enterprises Index popped 3.1 percent, to 8,174.66.

The energy sector gained 4 percent, with Chinese oil giants PetroChina, CNOOC and Sinopec posting sharp gains on higher oil prices.

In China, the blue-chip CSI300 index rose 0.5 percent, to 3,077.25 points by lunch break, while the Shanghai Composite Index gained 0.4 percent, to 2,879.95 points.

After solid rallies over the past few sessions, investor sentiment in China remained upbeat amid signs it is stepping up efforts to arrest economic deceleration.   Continuación...