Hong Kong shares had their best day in nearly 6 months yesterday, as China's financial markets settled down after the central bank's pledge to prevent a lasting credit crunch. The Hang Seng closed up 2.4% at 20,338.55, while the China Enterprises Index of the top Chinese listings in Hong Kong rose 3.3%. For both, it was their biggest one-day percentage gain since January 2. The CSI300 index of the leading Shanghai and Shenzhen listings shed early losses and edged up 0.1% in its first gain in six sessions, while the Shanghai Composite fell 0.4% to 1951.49 points.
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