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Hong Kong: Stocks up after China approves Shenzhen link

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[HONG KONG] Hong Kong stocks rose by lunch on Wednesday after the government announced it had approved a scheme to link trading on China's second exchange in Shenzhen with the Hong Kong market.

The Hang Seng Index added 0.23 per cent, or 52.67 points, to 22,963.51, while the Shenzhen Composite Index rose 0.26 per cent, or 5.29 points, to 2,042.09 on the news.

The benchmark Shanghai Composite Index fell 0.19 per cent, or 5.95 points, to 3,104.09.