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HK stocks in biggest gain in 4-wks; China Mobile down

Published 08/30/2010, 04:10 AM
Updated 08/30/2010, 04:12 AM

HONG KONG, Aug 30 (Reuters) - Hong Kong stocks ended higher on Monday, with the Hang Seng Index posting its biggest single-day percentage gain in four weeks as Chinese banks rebounded, tracking firmer overseas and mainland markets.

China Mobile Ltd <0941.HK> weakened 1.2 percent on concern Vodafone Group Plc may sell assets including its 3.2 percent holding in the mobile operator [ID:nLDE67G18L], dragging the blue chip index off its high.

The benchmark Hang Seng Index <.HSI> finished up 0.68 percent at 20,737.22, ending six straight sessions of losses. The China Enterprise Index <.HSCE> was up 1.2 percent at 11,531.72. (Reporting by Donny Kwok; Editing by Chris Lewis)

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