Hong Kong stocks bounce, China gains

Hong Kong - Hong Kong stocks rose on Thursday, snapping two days of declines, as investors tracked a rebound in the volatile China indexes and awaited further developments in Greece in cautious trade.

The Hang Seng index tacked on 0.4% to end the day at 25 162.78 points, while the China Enterprises Index gained 0.6% to close at 11 749.08 points.

China stocks rebounded in volatile trade reflecting lingering investor caution even as Beijing's flurry of rescue measures has managed to stem panic selling.

China Overseas Land led the gain in the Hong Kong blue-chip index, rising 4.3% to end at the highest close in two weeks, offsetting a 2% fall in Galaxy Entertainment.

Great Wall Motor led the rise in the China companies index, surging 4.4%, wiping off the effect of a 1.1% drop in Sinopharm Group.