HONG KONG-- Hong Kong stocks Wednesday gained 452.97 points, or 2.34 percent, at 19,783.67, tracking rebounds of Wall Street overnight on US Federal Reserve promised at least two more years of near-zero interest rates.

The benchmark Hang Seng Index traded between 20,105.87 and 19, 672.66. Turnover totaled HK$82.84 billion (about $10.61 billion).

The Hang Seng China Enterprises Index rose 154.34 points, or 1. 48 percent, to close at 10,580.41.

All four sub-indices gained ground. The Commerce and Industry sub-index became the biggest gainer, growing 3.15 percent, followed by the Properties sub-index, rising 2.14 percent, the Finance, 1.91 percent, the Utilities, 0.70 percent.

Heavyweight HSBC Holdings, alone contributed 112 points to the benchmark index, gained 3.92 percent to HK$69. China Mobile surged 4.91 percent to HK$72.60.

Mainland lenders finished higher in general. China Construction Bank, moved up 0.77 percent to HK$5.26. ICBC added 1.01 percent to HK$5.01. Bank of China rose 1.01 percent to HK$3.01.

Insurance stocks closed up. China Life jumped 3.07 percent to HK$21.85 . Ping An edged up 0.4 percent to HK$63.50.

Property heavyweights moved up. Cheung Kong Holding, a powerful HK-based developer controlled by billionaire Li Ka-shing, rose 2. 37 percent to HK$107.9 . Sun Hung Kai Properties closed at HK$107, growing 2.29 percent. Henderson Land ended 2.33 percent higher to HK$43.95.

As for energy and resources shares, the HK listed unit of China 's National Offshore Oil Corporation, CNOOC, surged 5.99 percent to HK$14.52. China Shenhua went up 1.81 percent to HK$33.80. PetroChina advanced 3.03 percent to HK$9.53.