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China Enterprises Index ends 2.87% higher
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The Hang Seng China Enterprises Index gained 260.74 points, or 2.87 percent, to close at 9,331.05 on Thursday on reports that the Chinese mainland will soon come up with new economic stimulus plan.

The H-shares index, initiated in August 1994 and readjusted on March 10, 2008, tracks the overall performance of 42 Chinese mainland state-owned enterprises listed on the Hong Kong Stock Exchange.

Hang Seng China H-Financials Index advanced 360.15 points, or 2. 91 percent, to close at 12,719.95.

The H-Financials Index, initiated on Nov. 27, 2006, readjusted on Sept. 10, 2007, tracks the performance of nine major banks and insurers of the Chinese mainland.

Hang Seng Mainland Composite Index rose 67.26 points, or 2.25 percent, at 3,050.23.

Introduced on Oct. 3, 2001 and readjusted on May 5, 2008, Hang Seng Mainland Composite Index gauges the performance of 125 Hong Kong-listed companies with principal places of business in Hong Kong and the Chinese mainland.

Hang Seng China-Affiliated Corporations Index moved up 91.41 points, or 2.63 percent, to close at 3,561.41.

The index tracks the performance of 33 locally listed companies with a significant equity interest held by entities in the Chinese mainland.

(Xinhua News Agency October 3, 2008)

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