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Hong Kong shares open lower on profit-taking.
(From AFX Europe (Focus))
HONG KONG (XFN-ASIA) - Share prices opened lower on profit-taking amid concerns about the prospects for regional markets in a deteriorating global economy.
Major blue chips were lower after the weak showing of their ADRs in the US Friday night, while local properties also encountered selling pressure after recent gains.
The Hang Seng index opened down 112.96 points or 0.81 pct at 13,775.28.
The property sector index was down 145.88 points or 0.91 pct at 15,936.82.
HSBC opened down 0.95 hkd or 1.14 pct at 82.75 and ...
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