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Print Print edition: 2017-03-29

Hong Kong stocks surge

Published March 29, 2017 Updated March 29, 2017 12:00am

Hong Kong stocks followed Asian markets higher on Tuesday on cautious hopes that US President Donald Trump would be able to pass his planned economic stimulus policies despite last week's defeat on healthcare reform. The Hang Seng index rose 0.6 percent to 24,345.87 points, while the China Enterprises Index also gained 0.6 percent to 10,425.89, shrugging off weakness in mainland China markets.
Most sectors rose in Hong Kong, with an index tracking mainland property developers jumping 1.7 percent after the previous session's tumble.
The consumer services sector was also strong, up 2 percent.

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