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Hong Kong: Shares rally on China trade data
[HONG KONG] Hong Kong stocks rose for a third successive day Wednesday and Shanghai pared early losses after data showed Chinese imports surged almost 40 per cent in February, helped by improving domestic demand.
The Hang Seng Index added 0.44 per cent, or 105.24 points, to close at 23,786.31.
The benchmark Shanghai Composite Index inched down 0.05 per cent, or 1.75 points, to 3,240.66. The Shenzhen Composite Index, which tracks stocks on China's second exchange, lost 0.36 per cent, or 7.35 points, to 2,024.28.