July 17, 2012 (Chinavestor) Chinese stocks bounced back in Asia on Tuesday. The Hang Seng Index (INDEXHANGSENG:.HSI) rose 334.0 points or 1.7% while the Shanghai Composite Index (SHA:000001) advanced 13.2 points or 0.6%. Investors were hoping for some stimulus from the FED and Chinese policy makers to stimulate the global economy.
Oversold power generators led the advance in Hong Kong where Huadian Power (HKG:1071) and Huaneng Power (HKG:0902) rose 6.7% and 3.9%, the most among components of the 42 member Hang Seng Index (INDEXHANGSENG:.HSI).
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