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Markets

Hong Kong stocks open sharply higher

Published Updated

hkHONG KONG: Hong Kong stocks opened sharply higher on Wednesday, reflecting gains in Europe and the United States on upbeat German sentiment and signs of an uptick in the US housing sector.

The benchmark Hang Seng Index was up 369.88 points, or 2.05 percent, at 18,450.08 in the first minutes of trade.

Copyright AFP (Agence France-Presse), 2011

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