* HK->Shanghai Connect daily quota used 35.2%, Shanghai->HK daily quota used 8.5% * HSI +1.8%, HSCE +1.4%, CSI300 +3.2% * FTSE China A50 +4.2% May 25 (Reuters) - Hong Kong stocks rose on Tuesday, posting their best session in nearly two months, as fears around inflation faded, while solid gains on the mainland also boosted risk appetite. ** At the close of trade, the Hang Seng index was up 1.75% at 28,910.86, marking its biggest daily percentage gain since April 1. The Hang Seng China Enterprises index rose 1.42% to 10,792.63. ** The sub-index of the Hang Seng tracking energy shares rose 1.2%, while the IT sector rose 1.97%, the financial sector ended 1.42% higher and the property sector rose 0.6%. ** The top gainer on the Hang Seng was WuXi Biologics (Cayman) Inc, which gained 5.92%, while the biggest loser was Sino Biopharmaceutical Ltd, which fell 2.87%. ** Beijing has vowed to maintain stability in the country’s commodities markets after prices rallied earlier this year, decreasing inflation fears. ** In the latest move, China’s market regulators warned industrial metal companies to maintain “normal market order” during talks on the sharp price gains. ** Inflation fears also faded overseas. The U.S. national activity index reading of 0.24 against expectations above 1, along with dovish comments from Federal Reserve speakers, supported the view that policy will remain on hold for some time. ** China’s main Shanghai Composite index closed up 2.4% at 3,581.34 points, while the blue-chip CSI300 index ended up 3.16%. ** On Tuesday, mainland investors purchased a net 8.7 billion yuan worth of Hong Kong shares via the Stock Connect linking the mainland and Hong Kong, Refinitiv data showed. ** Shares of Xiaomi Corp closed up 4.1%, after index provider FTSE Russell said it would add the company back to its global indexes. ** Around the region, MSCI’s Asia ex-Japan stock index was firmer by 1.43%, while Japan’s Nikkei index closed up 0.67%. (Reporting by the Shanghai Newsroom; Editing by Subhranshu Sahu) Our Standards: The Thomson Reuters Trust Principles.