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Stock impact report

China, HK stocks higher after record-setting session on Wall Street [Reuters]

CHINA TELECOM (CHA) 
Company Research Source: Reuters
China, HK stocks higher after record-setting session on Wall Street | Reuters Reuters Staff 4 Min Read SHANGHAI, Dec 19 (Reuters) - China and Hong Kong stocks followed Asian markets higher, inspired by a record-setting session on Wall Street where investors bet on the passage of sweeping tax legislation that could lift corporate earnings next year. ** At 04:14 GMT, the Shanghai Composite index was up 17.44 points or 0.53 percent at 3,285.36. ** China’s blue-chip CSI300 index was up 0.8 percent, with its financial sector sub-index higher by 1.31 percent. The consumer staples sector was up 0.94 percent, while the real estate index rose 0.85 percent and the healthcare sub-index gained 0.47 percent. ** Chinese H-shares listed in Hong Kong rose 0.98 percent to 11,527.53 with the Hang Seng Index up 0.83 percent at 29,291.07. ** The smaller Shenzhen index was up 0.55 percent and the start-up board ChiNext Composite index was 0.84 percent higher. ** Around the region, MSCI’s Asia ex-Japan sto Show less Read more
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