HONG KONG, Nov 29 (Reuters) - Hong Kong stocks rebounded from an eight-week low on Monday, as investors scooped up beaten down shares such as oil firm PetroChina Co Ltd <0857.HK>, which has fallen sharply in the last two weeks.
The benchmark Hang Seng Index <.HSI> finished the session up 1.3 percent at 23,166.22. But turnover fell for a fourth straigth ssession to the lowest in more than two months, suggesting that the recovery may not last.
The China Enterprises Index <.HSCE> of top locally listed mainland companies rose 1.0 percent.
PetroChina gained 3.1 percent as a rebound in oil prices inspired some bargain hunting, dealers said. The stock has shed 11 percent in the last two weeks, underperforming the broader market, to a two-month low on Friday. The HSI has fallen 7 percent during the same period.
(Reporting by Jun Ebias; Editing by Ken Wills)