HK rallies, mainland under pressure

Stocks in Hong Kong rallied Wednesday on signs that China's central bank is working to halt the country's liquidity proble while Shanghai remained under pressure.

The Shanghai Composite Index fell by 0.4 percent, or 8 points, to end at just over 1,950 while The Shenzhen Component Index went up almost 1 percent, or 71 points, to close at over 7,560. Finally Hong Kong's Hang Seng Index rose 2.4 percent to almost 20,340.