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HK shares rise 0.98 pct on oil price pullback

Sun Jun 15, 2008 9:56pm EDT

HONG KONG, June 16 (Reuters) - Hong Kong shares were set to open 0.98 percent higher on Monday, snapping the main index's four-day losing streak, after crude oil prices eased below $135 a barrel on hopes of higher supply from Saudi Arabia. [nSYD220885]

China

The benchmark Hang Seng Index .HSI was up 221.87 points at 22,814.17 after giving up 7.4 percent last week.

The China Enterprises Index .HSCE of top locally listed mainland companies gained 1.32 percent. (Reporting by Parvathy Ullatil; Editing by Anne Marie Roantree)

China


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