Hong Kong shares rise

HONG KONG, Jan 15 (Reuters): Hong Kong shares rose on Wednesday as Chinese PC maker Lenovo Group surged to its highest close in nearly 14 years, extending strong gains after reports suggested it bucked a broader decline in PC shipments last quarter.

The Hang Seng Index ended up 0.5 per cent at 22,902 points, with trade locked in the same 320-point range it has been in for nearly two weeks. The China Enterprises Index of the top offshore Chinese listings in Hong Kong also rose 0.5 per cent.