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Hong Kong, Shanghai: Stocks return with gains
[HONG KONG] Hong Kong and Shanghai stocks opened higher Wednesday as traders returned from public holidays to news that Chinese manufacturing activity beat expectations in May.
The benchmark Hang Seng added 0.15 per cent, or 39.25 points, to 25,740.88 in the first few minutes.
The benchmark Shanghai Composite Index gained 0.49 per cent, or 15.27 points, to 3,125.33 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, rose 0.99 per cent, or 17.90 points, to 1,828.01.