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(From South China Morning Post)
Byline: market report Anette Jonsson
The Hang Seng Index rose for the 10th consecutive day yesterday as investors continued to shift into blue chips and other laggards, including red chips.
H shares also saw a rebound after three days of consolidation, but many of last year's top performers were still sold off.
The Hang Seng Index gained 182.21 points or 1.38 per cent yesterday to 13,385.8, the highest close since June 13, 2001. The index rose 4.56 per cent on the week and is up 7.77 per cent in the 10 trading days since December 23. The H-share index added 0.98 per cent.
"The focus is mainly on the …