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HK shares end higher as Sinopec, PetroChina rally

Thu Apr 17, 2008 4:05am EDT

HONG KONG, April 17 (Reuters) - Hong Kong stocks rose 1.6 percent on Thursday, tracking strong regional markets, after upbeat U.S. earnings offset weak data on the world's largest economy, with oil and property counters leading the way.

But turnover was relatively low, with investors staying on the sidelines to await more clues on the global economic outlook.

The benchmark Hang Seng Index .HSI gained 380.61 points to finish at 24,258.96. The China Enterprises Index of Hong Kong-listed companies .HSCE, or H shares, finished up 2.3 percent. (US$1=HK$7.8) (Reporting by Alison Leung; Editing by Anne Marie Roantree)



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