* HK->Shanghai Connect daily quota used 4.7%, Shanghai->HK daily quota used 18.6%
* HSI +2.4%, HSCE +2.4%, CSI300 +1.0%
* FTSE China A50 +2.0%
Jan 25 (Reuters) - Hong Kong shares climbed more than 2% on Monday as mainland investors continued to buy into the market via the Stock Connect, with tech and material stocks leading the pack.
** The Hang Seng index closed 2.4% firmer at 30,159.01, while the China Enterprises Index also gained 2.4% to 11,960.49.
** Leading the rally, the Hang Seng tech index jumped 4.5% to a record high, while the Hang Seng materials index rose 2.8%.
** The top gainer in the Hang Seng was Tencent Holdings Ltd
, which gained 10.93%, while the biggest loser was China Unicom Hong Kong Ltd , which closed 3.35% lower.
** Mainland investors on Monday purchased a net HK$20 billion worth of Hong Kong stocks via the Stock Connect linking mainland and Hong Kong, according to Refinitiv data.
** "Compared with other markets, Hong Kong stocks remain relatively cheap," said Kenny Ng, an analyst at brokerage Everbright Sun Hung Kai in Hong Kong.
** "More and more large U.S.-listed Chinese companies would also seek listings in Hong Kong, increasing the attractiveness of the city's stock market," he added.
** He, however, urged caution, saying there might be a correction in the coming weeks after recent strong gains.
** Chinese online video company Kuaishou Technology
is aiming to raise $4.95 billion to $5.42 billion in an initial public offering that will be the largest in Hong Kong for more than a year, according to a term sheet reviewed by Reuters.
** Around the region, MSCI's Asia ex-Japan stock index
was weaker by 0.85%, while Japan's Nikkei index
closed 0.67% firmer.
** The yuan was quoted at 6.4765 per U.S. dollar at 0815 GMT, 0.1% firmer than the previous close of 6.483.
** At close, China's A-shares were trading at a premium of 34.28% over Hong Kong-listed H-shares.
(Reporting by the Shanghai Newsroom, Editing by Sherry Jacob-Phillips)
((luoyan.liu@thomsonreuters.com; Reuters Messaging: luoyan.liu.thomsonreuters.com@reuters.net))
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