Hang Seng Index, after 13% drop yesterday, rebounded 1,580 or 14.35% to 12,596, with a volume of HKD 66 billion.
This is the largest single day rise since Oct 29, 1997. The index's super heavyweight HSBC jumped 20%.
The rebounce offers a short term relief after days of bloodbath in the stock market. It is still too early to say if the fall yesterday has touched the bottom.
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