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China B-shares end morning higher; home appliance makers advance.

Europe Intelligence Wire

| December 01, 2008 | COPYRIGHT 2008 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From AFX Europe (Focus))

SHANGHAI (XFN-ASIA) - China B-shares finished the morning session higher with home appliance makers snapped up on hopes of increased demand arising from the expansion of the government's program to subsidize rural sales, dealers said.

Property developers also rebounded on bargain-hunting, they added.

The Shanghai B-share Index was up 2.37 point or 2.23 pct at 108.50, while the Shenzhen B-share Index rose 5.76 point or 2.30 pct to 256.54.

The FTSE/Xinhua China B 35 Index added 74.39 points or ...

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