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HSI edges higher as regional rally falters
2021-01-11 HKT 17:00 Share this story
The Hang Seng Index breached 28,000 but failed to hold on to those gains. Image: Shutterstock Local shares went through choppy trade on Monday, posting modest gains, while markets elsewhere in the region were mixed as investors got cautious with impeachment pressure growing on outgoing US president Donald Trump and escalating tensions between Beijing and Washington.
The Hong Kong benchmark breached 28,000 at open and jumped almost 300 points at one stage. But it failed to hold on to those gains and dipped into negative territory in the afternoon.
The index ended the day slightly higher, up 30 points or 0.1 percent at 27,908.
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