Hong Kong shares end year up 39%
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Hong Kong's Hang Seng share index finishes the year up 39%, its biggest annual rise since 1999.
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Chinaâs fixed-asset investment in October was up 26.4 percent from a year earlier, down from the previous month but at a level analysts said was still high enough for Beijing to keep a tight grip on credit.
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Asian stock markets closed mostly higher Monday, with the key index rising sharply in Tokyo and hitting a record high in Australia.
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HONG KONG (Dow Jones)--Hong Kong shares closed at a seven-month high Monday, led by China-related and local property stocks, with recent Wall Street gains boosting sentiment.
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KUALA LUMPUR Shares of Genting, Asia&#39;s biggest publicly traded casino group, rose Wednesday on expectations that the company&#39;s plan to develop Las Vegas-style casinos in Britain with Stanley Leisure would bolster profit.
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Shares in Hong Kong were mostly higher Thursday as gains by mainland stocks outweighed losses in property issues. The Hang Seng Index added 16.
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Leading shares finished the session comfortably higher, at their best levels in almost 2-1/2 years, boosted by positive news from BSkyB and a broadly positive morning on Wall Street, dealers said.
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Hong Kong&#39;s economy is on track to reach the forecast 7.5 percent growth for the full year, government economist Kwok Kwok-chuen said here Friday at a press briefing.
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Asian stock markets ended broadly higher on Thursday as investors took their cue from a late rally on Wall Street.
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UK blue chips were strong in solid trade near the session peak as Wall Street pushed higher in early deals as investors assessed a big batch mainly positive batch of US data, dealers said
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The fundamentals (eg, wage or population growth) are present to support a strong property market in Hong Kong. Wages in Hong Kong are not rising.
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A corporate spending survey that boosted optimism about Japan's economy drove Tokyo shares sharply higher on Monday, while other Asian stock markets traded around multi-month highs.
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Prices on the Hong Kong Stock Exchange closed slightly higher Monday on bargain hunting, traders said. The key Hang Seng Index rose 39.
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The Nikkei average rose 1.38 percent on   Monday, hitting its highest levels in more than three months,   as exporters such as Canon Inc. 7751.T gained on a slightly   stronger than expected U.S. jobs report.
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Asian stocks in the shipping, steel and trading sectors bounced higher Friday after China said its economy expanded 9.1 percent in the year to the end of September.
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HONG KONG (Dow Jones)--Pro-democracy parties look set to increase their seats in Hong Kong&#39;s Legislative Council elections next month, a result that could finally pave the way for a direct dialogue with Beijing.
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Taiwan&#39;s shares ended higher Monday, with traditional stocks gaining following the transfer of military leadership in rival China to its president, Hu Jintao, analysts said.