Hong Kong shares extend gains after deal averts U.S. fiscal cliff crisis

Last Updated: Wed, Jan 02, 2013 05:40 hrs

HONG KONG, Jan 2 (Reuters) - Hong Kong shares extended gains at the resumption of trade after lunch on Wednesday, led by growth-sensitive counters after the U.S. Congress passed a bill that averted a fiscal crisis, warding off fears of a recession in the world's largest economy.

The Hang Seng Index was up 2 percent at 23,111.9 at 0320 GMT, its highest since June 2011. The China Enterprises Index of the top Chinese listings in Hong Kong was up 2.9 percent.

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