HONG KONG, Oct. 31 (Xinhua) -- Hong Kong stocks closed up 394.16 points, or 1.60 percent, to 24,979.69 points on Wednesday.

The benchmark Hang Seng Index traded between 24,700.11 and 24,979.69. Turnover totaled 106.36 billion Hong Kong dollars (about 13.57 billion U.S. dollars).