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Market Update : 
Shanghai and HK Gain
Author: 123jump.com Staff
123jump.com
Last Update: 9:55 AM EDT April 03 2008

Rising commodities prices in the region and a second-day rally in financial stocks lifted Hang Seng index 1.6% to 24,264. Stocks in Shanghai rose 3%. ADB, Asian Development Bank estimated Hong Kong growth of 4.5% and inflation of 3.4% in 2008. Apartment sales in shanghai were healthy in March and are expected to remain strong in the first half of the year.

 

 

 
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