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Hong Kong Stocks End Flat After China GDP Data


Wednesday, 17 April 2019 16:09 WIB

HANG SENGSahamHongkong


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Hong Kong stocks were little changed on Wednesday, even as China surprised with firm growth data for the first-quarter, as gains in consumer goods were offset by losses in telecom and real estate companies.

The Hang Seng index was unchanged at 30,124.68 points and closed near a 10-month high, while the China Enterprises Index gained 0.2 percent, to 11,848.98 points.

China’s economy grew at a steady 6.4 percent pace in the first quarter, defying expectations for a further slowdown, as industrial production jumped sharply and consumer demand showed signs of improvement.

Source : Reuters


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