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Hong Kong stocks close up after five-day sell-off

Dec 04 2017 10:46

Hong Kong - Hong Kong stocks finally rose on Monday after five straight losses, with energy firms boosted by a rally last week in oil prices, while investors were also buoyed by news that Donald Trump's tax cuts had moved a step closer.

The Hang Seng Index added 0.22% to close at 29 138.28.

But the benchmark Shanghai Composite Index lost 0.24% to 3 309.62 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, fell 0.72% to 1 902.91.

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