HK stocks close higher with HSBC's rebound
From: Business
Category: Business
01/22/2009 (3 h 39 m ago)
HSBC rebounded after eight consecutive days of decline, boosting the main index of Hong Kong stocks Thursday, but traders said they don't expect a major market recovery in the near term because of weak corporate earnings and economic data.
The Hang Seng Index rose 74.36 points, or 0.6 percent, to 12, 657.99, but was off an intraday high of 12,895.25.
Turnover fell to 35.38 billion HK dollars (4.57 billion U.S. dollars) from 47.67 billion HK dollars (6.15 billion U.S. dollars) on ...
The Hang Seng Index rose 74.36 points, or 0.6 percent, to 12, 657.99, but was off an intraday high of 12,895.25.
Turnover fell to 35.38 billion HK dollars (4.57 billion U.S. dollars) from 47.67 billion HK dollars (6.15 billion U.S. dollars) on ...
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