HONG KONG, March 1 (Xinhua) -- Hong Kong stocks closed up 199.53 points, or 0.65 percent, to 31,044.25 points on Thursday.

The benchmark Hang Seng Index traded between 30,453.82 and 31,081.68. Turnover totaled 114.40 billion Hong Kong dollars (about 14.62 billion U.S. dollars).