HONG KONG, Sept 29 (Reuters) - Hong Kong shares rebounded from a three-week low on Tuesday, buoyed by an overnight rally on Wall Street, as investors scooped up shares of oversold stocks including banks and telecoms companies.
China's top e-commerce company, Alibaba.com, soared 6.91 percent after it agreed to buy a controlling stake in China Civilink (Cayman) in a deal that could be valued at up to $79.1 million to expand its customer base. The benchmark Hang Seng Index rose 2.06 percent to 21,013.17.
The China Enterprises Index of top locally listed mainland Chinese stocks gained 2.01 percent to 11,988.37. (Reporting by Sui-Lee Wee, Editing by Chris Lewis)