HONG KONG - Hong Kong stocks closed 65.98 points higher, or up 0.33 percent, at 20,212.49 on Wednesday. Turnover totaled HK$57.96 billion compared with Tuesday's HK$70.65 billion ($1 equals to HK$7.77).
Chinese computer maker Lenovo said it expects to sell more than 1 million of its LePhone smartphones nationwide over the next 12 months.
Many celebrity-linked stock prices soared after the entertainment celebrities’ names were found in listed companies' filed reports.
Chajet said new communications technologies could bring forward the day when China has its first global brand.
Greece's only hope of avoiding bankruptcy is to take money from a joint EU and International Monetary Fund rescue package.
China has taken a series of measures in recent months to curb prices in the residential property market, which soared 11.7 percent in March.