Commodity shares lift Hong Kong

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MarketWatch

Hong Kong shares rebounded early Tuesday, as resource shares rode higher on the back of gains in commodity prices and on Wall Street. The Hang Seng Index added 0.8% to 21,996.08 and the Hang Seng China Enterprises Index advanced 1% to 12,879.10. Shares of Cnooc Ltd. rose 2.9%, and Zijin Mining Group Co. Ltd. climbed 3.2%, while Aluminum Corp. of China Ltd. added 2.2%. Shares of Hutchison Telecommunications International Ltd. remained on trading halt amid reports its parent Hutchison Whampoa Ltd. may take it private. Hutchison Whampoa shares were up 2.9%. Stock gains on the mainland were limiting the upside, with the Shanghai Composite slipping 0.2% after a higher opening