Hong Kong  - Hong Kong shares ended a two-day losing streak Wednesday, rebounding 2.5 per cent on hopes of a new round of economic stimulus measures in China.

The blue-chip Hang Seng Index climbed 297.27 points to end the day at 12,331.15. Turnover was 44.9 billion Hong Kong dollars (5.78 billion US dollars).

Wednesday's turnaround followed a dismal start to the week, which saw shares fall by 3.86 per cent Monday and 2.3 per cent Tuesday.

Expectations of a new stimulus package by the Chinese government outweighed continuing pessimism over the prospects for the US economy, analysts said. (dpa)