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  1. Business - Money - MARKETS

    Huijin's vow powers rush into Hong Kong stocks

    Posted Oct 13th 2012, 12:00am by Jeanny Yu

    ... and Commercial Bank of China. Before those deals, it had over the past 12 months raised its stakes to 40.16 per cent of ABC, 57.15 per cent of CCB, 67.64 per cent of BOC and 35.43 per cent of ICBC. ... and BOC added 0.99 per cent to HK$3.07. Traders and fund managers expect the growth outlook to stabilise on the mainland, and the relative lower value of mainland issues to drive the Hang Seng ...

    http://www.scmp.com/business/money/markets-investing/article/1059892/huijins-vow-powers-rush-hong-kong-stocks

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