Chinese stocks up on better-than-expected PMI survey; HK plays catch-up

April 1, 2015 4:45 AM

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SHANGHAI, April 1 (Reuters) - Chinese stocks rose more than 1 percent on Wednesday after surveys showing the country's factory sector unexpectedly picked up in March, as retail investors continued to flock into a bullish market analysts say will rise further.

Hong Kong stocks also rose, with start-up shares surging, after China allowed insurers to invest in the city's Growth Enterprise Market.

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