HK shares post best week since May 2009; HSBC, banks lead

Hong Kong shares posted their biggest weekly gain since May 2009, driven by financials and commercial property developers, on optimism over earnings growth and underpinned by surging fund flows into the region.
Hong Kong's Hang Seng Index rose 1.39% to a 29-month high of 24,876.82. Its 7.7% jump this week has taken it back into technically overbought territory.