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2009-3-17 04:05:00 p.m. HKT, XFNA
DJ MARKET TALK: Most HK Financial Stocks Strong,Led By HSBC Gains
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| 1555 [Dow Jones] Most HK financial stocks remain relatively strong, led by gains in HSBC (0005.HK), which +4.0% at HK$41.60, may test HK$43.50 near-term after sentiment in sector improves, while market should have priced in its rights issue, says Jackson Wong at Tanrich. But adds, as further upside limited, suggests investors to avoid for now. Hang Seng Bank (0011.HK) +0.8% at HK$78.85, Bank of East Asia (0023.HK) +1.0% at HK$14.70, Chong Hing Bank (1111.HK) +0.7% at HK$8.46, Wing Hang Bank (0302.HK) +1.8% at HK$35.95; HSI down 0.3%.(SUT) Contact us in Hong Kong. 852 2802 7002; MarketTalk@dowjones.com
Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary: http://www.djnewsplus.com/access/al?rnd=u8iDMvqaGGE59ulN8%2FBABQ%3D%3D. You can use this link on the day this article is published and the following day.
(Delayed by 1 hour)
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