Hong Kong shares ended 1.82 percent higher on Friday after four days' loss, and rebounded to 23,000 mark.
The benchmark Hang Seng Index gained 411.33 points, or 1.82 percent, to close at 23,012.37 points, after trading between 22, 712.96 and 23,091.32 points.
Turnover totaled 69.52 billion HK dollars compared with Thursday's 71.42 billion HK dollars.
The Hang Seng China Enterprises Index rose 210.68 points, or 1. 75 percent, to close at 12,270.43.
All the four sub-indices gained ground. The Properties sub- index was the biggest gainer, surging 2.66 percent, followed by the Finance, rising 1.88 percent, the Commerce & Industry at 1.65 percent, and the Utilities at 0.99 percent.
Nevertheless, analysts said the future was also uncertain, because the mixed negative impact from the turmoil in Middle East and North Africa, concerns on inflation and the oil-price hike couldn't be eliminated in a short term.
Hong Kong developers move up generally. Hang Lung Properties was the best-performing blue chip in this plate, with its shares rising 4.31 percent to 32.65 HK dollars. China Resources Land, grow up 3.64 percent to 12.52 HK dollars.
Cheung Kong Holding, a powerful HK-based developer controlled by billionaire Li Ka-shing, gained 2.83 percent to 119.9 HK dollars. Henderson Land, another major developer in Hong Kong, advanced 1.48 percent to 47.9 HK dollars.
As to the local lenders, banking giant HSBC, which accounts for the largest weighting of the Hang Seng Index, rose 2.18 percent to close at 89.05 HK dollars, and its local unit Hang Seng Bank added 1.96 percent to close at 124.9 HK dollars. Bank of East Asia, another Hong Kong's major bank, move up 1.82 percent to 33.5 HK dollars.
The local bourse operator Hong Kong Exchanges & Clearing gained 0.61 percent to 165.1 HK dollars, as its net profit was expected to increase by 6 percent last year.
Mainland-based financial stocks also gained. ICBC,the world's largest bank by market value, added 2.44 percent at 5.87 HK dollars. China Construction Bank, the country's second largest bank which accounts for the third largest weighting of the Hang Seng Index, rose 1.98 percent to 6.7 HK dollars. Bank of China went up 1.77 percent at 4.02 HK dollars. Bank of Communications, China's fifth biggest lender measured by assets, rose 0.95 percent to 7.44 HK dollars.
The two leading insurer China Life and Ping An went up 1.05 percent and 1.84 percent respectively.
As for oils shares, the country's largest oil and gas producer PetroChina and China's top refiner Sinopec also added 1.57 percent, to close at 10.38 HK dollars and 7.78 HK dollars respectively. CNOOC, the HK-listed unit of China's National Offshore Oil Corporation, gained 1.03 percent to 17.64 HK dollars.
AIA, went up 5.69 percent to close at 22.3 HK dollars as the company released a 54 percent profit growth last year, which was higher than expected.
Wharf Holdings and BELLE International were the only two lost blue chips in the day, the former tumbled 0.2 percent to 49.25 HK dollars and the later dropped 0.92 percent to 12.98 HK dollars (1 U.S. dollar equals to 7.793 HK dollars).
