* HK->Shanghai Connect daily quota used 21.7%, Shanghai->HK daily quota used 3%
* FTSE China A50 +1.3%
June 19 (Reuters) - Hong Kong stocks firmed on Friday to conclude the week higher, as Beijing reassured investors of fresh reforms and ample financial liquidity to bolster its economy and capital markets.
** At the close of trade, the Hang Seng index was up 178.95 points or 0.73% at 24,643.89. The Hang Seng China Enterprises index rose 0.59% to 9,974.59.
** The sub-index of the Hang Seng tracking energy shares rose 0.8%, while the IT sector gained 0.63%, the financial sector ended 0.65% higher and the property sector jumped 1.36%.
** The top gainer on the Hang Seng was AAC Technologies Holdings Inc, which gained 6.54%, while the biggest loser was Sunny Optical Technology Group Co Ltd after dropping 1.13%.
** For the week, HSI and HSCE both gained 1.4%.
** Chinese policymakers pledged that the government will maintain ample liquidity in the financial system in the second half of the year, pushing investors to look past a threat from U.S. President Donald Trump about cutting ties with China.
** Fresh contagion concerns have dominated the market focus this week with mixed data on infections jolting sentiment.
** Risk appetite, however, improved after the chief epidemiologist of China’s Center for Diseases Prevention and Control said that the outbreak in Beijing had been brought under control.
** “The Chinese government has taken swift and effective actions in handling the new cases in Beijing,” said Richard Pan, head of international business at China Asset Management Co (ChinaAMC).
** “We have very high confidence that this little rebound will be contained and social activities will return to normal very soon,” Pan, also head of QFII investment at ChinaAMC.
** Around the region, MSCI’s Asia ex-Japan stock index was firmer by 0.44%, while Japan’s Nikkei index closed up 0.55%.
** The yuan was quoted at 7.0794 per U.S. dollar at 0821 GMT, 0.13% firmer than the previous close of 7.0883.
** At close, China’s A-shares were trading at a premium of 25.73% over Hong Kong-listed H-shares. (Reporting by the Shanghai Newsroom, Editing by Sherry Jacob-Phillips)