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Article: Hong Kong : HK shares seen higher on Wall St rise; eyes on banks.
- Article from:
- TendersInfo
- Article date:
- November 4, 2009
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Byline: babalu03
Hong Kong stocks are seen higher on Tuesday after Wall Street rose on Monday, while banks will be in focus after a newspaper report said China's top four state-owned lenders extended more credit in October. Bank of China (3988.HK), China Construction Bank (0939.HK), Industrial & Commercial Bank of China (1398.HK) and Agricultural Bank of China extended new loans of about $19.9 billion in October, up 23 percent from the previous month, the official
China Securities Journal reported on Tuesday. ID:nSHA151278 "The Hong Kong market will rebound today, benefitting from the rise in U.S. markets and the drop in the U.S. dollar," said Conita ...