At closing bell, the benchmark Hang Seng Index advanced 647.82 points, or 3.22%, to 20,793.11. The Hang Seng China Enterprises Index was up 231.55 points, or 3.39%, to 7,065.53.
Among blue chips, Alibaba Group Holding soared 8.7% to HK$96.40, Tencent Holdings rose 4.6% to HK$361 and Baidu advanced 8.2% to HK$124.20.
Longfor surged 11.6% to HK$26.95 and peer Country Garden jumped 7.1% to HK$2.88, leading a rally among mainland developers amid speculation Chinese lenders will lend further financial support to systemically important developers to staunch a market slump.
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