* Hang Seng index ends up 0.88%
* China Enterprises index HSCE rises 1.06%
* Tencent leads tech sector rebound; property sector down
Aug 4 (Reuters) - Hong Kong shares rose on Wednesday, with
tech firms leading gains a day after concerns over tightening
oversight of online games wiped nearly $60 billion off the
market capitalisation of Chinese tech giant Tencent.
** At the close of trade, the Hang Seng index was up
231.73 points, or 0.88%, at 26,426.55. The Hang Seng China
Enterprises index rose 1.06% to 9,419.25.
** Index heavyweight Tencent Holdings Ltd led gains,
bouncing 2.42%, even as an opinion article in the ruling
Communist Party's official People's Daily newspaper said on
Wednesday that China should better protect minors from the
dangers of the internet.
** Tencent said on Tuesday it would further curb minors' access
to its flagship video game after a state media article that
described online games as "spiritual opium" sparked a more than
6% slump in the company's shares.
** The Hang Seng Tech index rose 2.43% and the IT
sector rose 1.25%. Consumer discretionary firms also
rose, lifting an index tracking the sector 2.55%.
** Providing Luther support for market sentiment, a private
survey showed that growth in China's services sector accelerated
in July, helped by a recovery in consumption.
** But a surge in domestic COVID-19 cases remains a threat to
the growth outlook. China reported 96 new confirmed COVID-19
cases in the mainland for Aug. 3. Most cases were transmitted
** China's main Shanghai Composite index closed up 0.85%
at 3,477.22 points, while the blue-chip CSI300 index
ended up 0.9%.
** Around the region, MSCI's Asia ex-Japan stock index
was firmer by 0.94%, while Japan's Nikkei index
closed down 0.21%.
** The yuan was quoted at 6.462 per U.S. dollar at
08:11 UTC, 0.12% firmer than the previous close of 6.47.
(Reporting by Andrew Galbraith; Editing by Rashmi Aich)