Hong Kong: At the close of trade, the Hang Seng index was up 403.58 points or 1.42% at 28,900.83. The Hang Seng China Enterprises index rose 1.37% to 10,999.3. ** The sub-index of the Hang Seng tracking IT sector rose 2.47%, materials ended 4.29% higher and the property sector gained 1.56%. ** Global stock markets on Wednesday rose to a record high as bond yields eased after data showed U.S. inflation was not rising wildly as the economy reopens. ** The U.S. consumer price index rose 0.6%, the biggest increase since August 2012, data showed, as rising vaccinations and fiscal stimulus unleashed pent-up demand. ** Investors also cheered tech stocks in Hong Kong, as a dozen internet platform companies, including JD.com and Baidu Inc, pledged to avoid anti-competitive behaviours, clearing previous market uncertainties. ** This is the first batch of the 34 companies including Tencent that were ordered by China's market regulator to conduct self-inspections for illegal business behaviours on Tuesday, warning of "severe punishment" for any that still violated the rules. ** Hong Kong-listed JD.com rose 2.55% to HK$306, recording its best session since April 1. ** The top gainers among H-shares were NetEase Inc up 5.69%, followed by Geely Automobile Holdings Ltd, gaining 4.99% and CSPC Pharmaceutical Group Ltd, up by 4.66%. ** China's main Shanghai Composite index closed up 0.6% at 3,416.72 points, while the blue-chip CSI300 index ended up 0.83%. ** Around the region, MSCI's Asia ex-Japan stock index was firmer by 0.96%, while Japan's Nikkei index closed down 0.44%.