2013.08.2906:54:10UTC+00Hong Kong stocks jump higher on oil price hike, earnings

Hong Kong stocks bounced back Thursday, following a recovery on Wall Street and some other Asian markets, with energy producers leading the charge after U.S. benchmark crude-oil prices topped $110-a-barrel the previous day. The Hang Seng Index bolstered 0.7% to 21,684.27 and the Hang Seng China Enterprises Index surf up 1.3% to 9,898.26. Shares of Cnooc Ltd. leaped 1.7%, while PetroChina Co. traded 1.8% higher and Kunlun Energy Co. greater by 2.6% to recover the sharp declines they suffered Wednesday. Also triggering the market, Agricultural Bank of China Ltd. recorded a 2.4% gain, China Minsheng Banking Corp. exchanged 3.5% greater and China Life Insurance Co. soared 1.3% after they reported half-yearly results. China's Shanghai Composite slightly climbed 0.1% to 2,103.70.