Hong Kong stocks bounced 353.36 points, or 3.11 percent, to finish Tuesday's morning session at 11, 697.94 after Monday's steep drops.

The benchmark Hang Seng Index recovered 198.3 points, or 1.75 percent, to open at 11,542.88, after a plunge of 4.84 percent Monday due to market heavyweight HSBC's tumble.

HSBC recovered more than 14 percent to 37.8 HK dollars after slumping more than 24 percent on Monday, lifting the index by 187. 19 points alone.

Half-day turnover totaled 19.26 billion HK dollars (US$2.48 billion).

(Xinhua News Agency March 10, 2009)