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Hong Kong shares trim gains to under 1 pct

Thu Nov 27, 2008 2:24am EST

HONG KONG, Nov 27 (Reuters) - Hong Kong shares pulled back from early highs on Thursday afternoon as investors locked in gains made on Chinese stocks following the country's most aggressive interest rate reductions in more than a decade.

China

At 0715 GMT, the benchmark Hang Seng Index .HSI was 0.98 percent higher at 13,500.50, after rallying more than 4 percent earlier.

The China Enterprises Index of top locally listed mainland Chinese firms .HSCE was up 2.3 percent at 7,092.40. (Reporting by Parvathy Ullatil; Editing by Anne Marie Roantree)

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