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Hong Kong: Shares rise on Beijing's pledges on reforms

[HONG KONG] Hong Kong shares rose on Thursday, supported by gains in mainland markets as Beijing pledged to deepen structural reforms and curb risks to its financial system while maintaining steady economic growth in 2018.

The pledges came in a statement following China's annual Central Economic Work Conference.

At close of trade, the Hang Seng index was up 132.97 points or 0.45 per cent at 29,367.06. The Hang Seng China Enterprises index rose 0.79 per cent to 11,596.94.

China's main Shanghai Composite index closed up 0.4 per cent at 3,300.6818 points while its blue-chip CSI300 index gained 0.93 per cent.