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HONG KONG: Hong Kong stocks opened with hefty gains on Wednesday morning following the previous day's sell-off, with market heavyweight Alibaba leading a tech bounce.

The Hang Seng Index jumped 1.64 percent, or 397.85 points, to 24,727.34.

Hong Kong shares end lower

The Shanghai Composite Index dipped 0.05 percent, or 1.81 points, to 3,450.82, while the Shenzhen Composite Index on China's second exchange was flat, inching down 0.59 points to 2,279.92.

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