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HK falls despite a soaring Dow

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flu_1 December 19, 2013 (Chinavestor) Stocks soared globally on Wednesday but Chinese indexes failed to gain traction in Asia on Thursday. The Hang Seng Index (INDEXHANGSENG:.HSI) fell 255.1 points or 1.1%, a sharp contrast to a 292.7 points surge of the Dow a day before.

Some argue that increasing funding cost is counterproductive to economic growth and is taking a toll at Chinese equities. Yet it is highly unusual that US markets soar and Chinese ones, Hong Kong included, decline. But this is that case on Thursday morning before the opening bell.

To go stock specific, see following chart of key regional index components.

pre_20131219



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