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Home>UPDATE: Hong Kong stocks advance as HSBC surges

UPDATE: Hong Kong stocks advance as HSBC surges

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Mon, 27 Apr 2015

Hong Kong stocks rallied Monday morning, shrugging off weak Chinese industrial-profit data as index heavyweight HSBC Holdings PLC (HK:5) (HSBC) (UK:HSBA) surged on reports about the possible spin-off of its U.K. retail bank. The Hang Seng Index (HK:HSI) was up 1.4%, with the mainland-China-tracking
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