Hong Kong stocks bounced back on Wednesday after the previous day's heavy losses, with the Hang Seng Index HK:HSI -0.02% up 0.6% at 21,534.96. Haitong International Securities Group Ltd. HK:665 +3.29% , the subsidiary of China's leading broker Haitong Securities, climbed 4.3%, after the company said it expected its 2013 net profit to rise significantly mainly due to the growth of brokerage and retail-margin financing businesses. Other mainland brokers also advanced, as Guotai Jun'an International Holdings Ltd. HK:1788 -0.50% rose 0.8%, and China Everbright Ltd. HK:165 -0.39% moved up 0.4%. Casino stocks shined, as investors looked ahead to Macau's casino revenue data due later in the day. Wynn Macau Ltd. HK:1128 +2.58% WYNMF +2.10% gained 2.7%, after Macquarie raised its rating to neutral. MGM China Holdings Ltd. HK:2282 +4.01% MCHVF -1.77% jumped 4.2% and Melco Crown Entertainment Ltd. HK:6883 +1.07% MPEL -0.05% added 1.6%. The mainland stock markets remained closed for the Lunar New Year holiday and were scheduled to reopen on Friday.
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