The Hong Kong stock market rebounded on Friday, 08 May 2015, as investors chased for bargain buying after heavy selloff in previous six sessions, with shares of financials, realty, and industrial companies being major gainers. The benchmark index opened 267 points higher and saw its gains widen to 360 points at one stage on talks that the State Council has approved Shenzhen-HK Connect scheme and may announce it by the end of the month. The Hang Seng Index added 287.37 points or 1.05% to 27577.34, off an intra-day high of 27652.62 and day low of 27367.11. Turnover reduced to HK$139.13 billion from HK$161.6 billion on Thursday.
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