Hong Kong stocks zoom in early trade on Italy news

November 14, 2011 | TRADE

LOS ANGELES (MarketWatch) — Hong Kong stocks rallied early Monday, as Italy’s change in leadership and passage of an austerity budget, along with sharp gains Friday on Wall Street, helped push the Hang Seng Index up 2.4% to 19,597.52. The Hang Seng China Enterprises Index gained 3% in early moves, though the Shanghai Composite made a more modest 0.9% rise. Financials reacted well to the …
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