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Hong Kong: Stocks open up on bargain-buying, China data

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[HONG KONG] Hong Kong stocks rose Tuesday morning as bargain-buyers moved in after a five-day sell-off, while traders were also given a lift by data indicating Chinese manufacturing activity grew further in October.

The Hang Seng Index added 0.58 per cent, or 133.82 points to 23,068.36.

The benchmark Shanghai Composite Index rose 0.16 per cent, or 4.91 points to 3,105.40, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, was up 0.12 per cent, or 2.38 points at 2,052.66.