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G-20, high oil hurt stocks in Asia

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decline3 February 27, 2012 (Chinavestor)  Chinese stocks surrendered early morning gains by the end of the trading day in Asia on February 27. The Shanghai Composite Index (SHA:000001) managed to eke out some gains on hopes that Chinese monetary easing is coming sooner than later. But the Hang Seng Index (INDEXHANGSENG:.HSI) fell 189.0 points or 0.9% as high oil prices and uncertain European outlook following a G-20 meeting left investors taking profits.

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