HK stocks up on China factory survey; start-up shares strong

April 1, 2015 8:12 AM

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HONG KONG, April 1 (Reuters) - Hong Kong stocks rose on Wednesday after a better-than-expected Chinese factory activity survey, with start-up shares surging after China allowed insurers to invest in the city's Growth Enterprise Market (GEM).

The official Chinese factory survey showed activity expanded in March for the first time in three months, although growth was marginal and orders remained weak, reinforcing calls for further policy easing by the government to bolster a slowing economy.

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