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Hong Kong, Shanghai: Stocks end week with rally
[HONG KONG] Hong Kong stocks rose Friday following upbeat Chinese inflation data and after mainland authorities said they would relax rules on insurance firms investing in the city.
The Hang Seng Index added 0.75 per cent, or 180.36 points, to close at 24,099.70.
But the benchmark Shanghai Composite Index fell 0.55 per cent, or 17.10 points, to 3,078.85 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, dropped 0.73 per cent, or 15.06 points, to 2,035.02.