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Hong Kong benchmark index closes at peak

Hong Kong - Hong Kong's benchmark share index finished at its highest in more than 3-1/2 years on Wednesday, rebounding from midday losses rooted in weak data that sparked worry about the sustainability of China's economic recovery.

The Hang Seng Index closed up 0.8% at 24 890.34 points, while the China Enterprises Index of the leading offshore Chinese listings in Hong Kong rose 1.2%.

A third straight winning session pushed the H-index to an 8-month high.

Instant noodle maker Tingyi Cayman Islands Holding led gains on the Hang Seng with a rise of 3.4%. Sector rival Uni-President China Holdings rose 2.9% to a near 5-month high.

Hong Kong carrier Cathay Pacific Airways shed 1.7% despite posting first-half net profit that beat analyst estimates.

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