HONG KONG, Oct 23 (Reuters) - Hong Kong stocks rose 1.71 percent to a 14-month closing high on Friday, led by a rebound in finance shares and with abundant liquidity building investor confidence in further gains for the market.
China's largest lender ICBC rose 2.84 percent, and the country's second-largest lender China Construction Bank gained 1.73 percent ahead of the release of its third-quarter earnings due later Friday.
Chinese insurer China Life surged 5.74 percent and PICC jumped 10.47 percent to a more than two-month closing high.
The benchmark Hang Seng Index rose 379.21 points to end at 22,589.73, its highest close since Aug 1, 2008. The index rose 3 percent for the week, its third consecutive week of gains.
The China Enterprises Index of top locally listed mainland Chinese stocks was up 2.75 percent at 13,316.02, its highest close since June 6, 2008. (Reporting by Donny Kwok; Editing by Chris Lewis)