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Financials led rally in HK, Shanghai

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economy April 9, 2013 (Chinavestor) Stocks rose in China as bulls grabbed the horn of the market. The Hang Seng index (INDEXHANGSENG:.HSI) advanced 152.3 points or 0.7% while the Shanghai Composite Index (SHA:000001) rose 14.2 points or 0.6%. Insurers and financial stocks led the advance in Shanghai where China Pacific Insurance (SHA:601601) surged 4.3%, the most among large cap components of the Shanghai Composite Index. China Life Insurance (HKG:2628) advanced 4.4%, one of the best among components of the Hang Seng. Visit the following chart to find the best components of key Chinese indexes.

 

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