HK shares rebound

HONG KONG, Nov 14 (Reuters): Hong Kong shares bounced from a 2-month low on Thursday, underpinned by strong quarterly earnings from firms such as Chinese Internet giant Tencent Holdings and healthcare equipment provider Shandong Weigao Group.

The Hang Seng Index, which had closed on Wednesday at its lowest since September 4, rose 0.8 per cent to 22,649.2 points. The China Enterprises Index of the top Chinese listings in Hong Kong climbed 1.1 per cent.

Chinese medical device company Shandong Weigao Group Medical Polymer shares surged 29.8 per cent in a record gain after its positive third quarter earnings spawned upgrades from UBS and Credit Suisse analysts.

Shares of hypermart operator China Resources Enterprises spiked 4.3 per cent after reporting robust quarterly results at the midday break.