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 Stocks
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01 Dec 04 17:09
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HK up 0.73%
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AFP
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share prices rebounded from early losses to close 0.73 percent higher as investors switched into blue chip stocks following the arrest of the chairman of second-line company Skyworth for alleged corruption, dealers said.
They said overall market gains were limited by a fall in property stocks, led by New World Development following widespread criticism over its unpopular decision to knock down public housing to build a luxury development.
The Hang Seng Index closed up 102.75 points at...
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