Hong Kong equities closed higher on Wednesday, as investors increasingly took to the sidelines ahead of key US inflation data due later in the day.

The Hang Seng Index rose 1 percent, or 190 points, to 19,824.

The Shanghai Composite Index rose 0.8 percent, or 22 points, to 3,058, while the Shenzhen Composite Index saw a 1.3 percent bump, or 24 points, to 1,918. (AFP)