• HK rallies by lunch, Shanghai also up

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    HONG KONG: Hong Kong stocks rallied by the break Friday shaking off a negative lead from Wall Street and Europe as oil prices resumed their rise.

    The Hang Seng Index gained 1.2 percent, or 237.21 points, to 19,931.54.

    The benchmark Shanghai Composite Index also edged up 0.10 percent, or 2.81 points, to 2,809.72, while the Shenzhen Composite Index, which tracks stocks on China’s second exchange, rose 0.26 percent, or 4.69 points, to 1,780.57. AFP

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