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Markets

Hong Kong stocks rise, Shanghai stumbles again

Published December 28, 2016 Updated December 28, 2016 02:31pm
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By Shoaib Ur Rehman
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imageHONG KONG: Hong Kong stocks rose Thursday but Shanghai shares slid again as mainland regulators suspended two insurance companies' online businesses.

The Hang Seng Index gained 0.83 percent, or 179.98 points, to close at 21,754.74.

The benchmark Shanghai Composite Index slid 0.40 percent, or 12.42 points, to 3,102.24 while the Shenzhen Composite Index, which tracks stocks on China's second exchange, lost 0.37 percent, or 7.38 points, to 1,972.35.

Copyright AFP (Agence France-Press), 2016

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