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Shanghai: Stocks open slightly higher

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[SHANGHAI] Shanghai stocks opened higher on Monday morning after data at the weekend showed profits of industrial companies improved in January-February.

The benchmark Shanghai Composite Index rose 0.29 per cent, or 8.58 points, to 2,988.01.

The Shenzhen Composite Index, which tracks stocks on China's second exchange, gained 0.59 per cent, or 11.18 points, to 1,896.36.

The Hong Kong stock market is closed for a holiday.

AFP

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