China stocks buoyed by debt-reduction plan; HK takes breather after rally



* SSEC 0.4 pct, CSI300 0.3 pct, HSI -1.2 pct
* Gov's debt-reduction plan needs a vibrant equity market-analysts
* China property shares rebound sharply on signs of strong growth
SHANGHAI, Oct 11 China stocks rose to a one-month high on Tuesday after Beijing unveiled guideliness to cut massive corporate debt, potentially leading to consolidation among some state-owned companies and drawing more investor interest into equities.
But Hong Kong shares fell over 1 percent, after trading resumed following Monday's holiday, as some investors took profit from the market's recent rally.
China's... read more

 
11 October 2016 in World News, Views: 32
Source: Reuters
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