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Business

Hong Kong stocks end 3.37% lower
Jan 8, 2009 04:00
Hong Kong stocks reversed early gains and plunged 522.05 points, or 3.37 percent, to close at 14, 987.46 on Wednesday, breaching the psychological support at 15,000as investors locked in profits from the abrupt rally during the past sessions in the new year. Turnover soared to 90.02 billion HK dollars 11.62 billion U.S. dollars from Tuesday's 53.92 billion HK dollars 6.96 billion U.S. dollars as major blue-chip companies were under huge selling pressure. Bank of America's dis ...


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