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2009-6-19 03:17:00 p.m. HKT, XFNA
DJ MARKET TALK: Some HK Banks Up; Positive View On Mtges -Redford
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| 1509 [Dow Jones] Some HK banks higher, supported by optimism over local property market, with their mortgage businesses likely to see gains, says Kenny Tang at Redford. "These stocks are catching up with gains in local developers after recent strong home sales," he says. Among HK banks, Bank of East Asia (0023.HK) +3.8% at HK$24.40, BOC HK (2388.HK) +1.2% at HK$13.20, Hang Seng Bank (0011.HK) +1.5% at HK$109.20, Wing Hang Bank (0302.HK) +2.6% at HK$64.60.(SUT) Contact us in Hong Kong. 852 2802 7002; MarketTalk@dowjones.com
(Delayed by 1 hour)
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