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2013.04.0201:56:22UTC+00Hong Kong stocks in bad shape after holiday

Stocks in Hong Kong surrenders in early Tuesday trading action, with investors returning to the market after two days of closure for the Easter holiday. The Hang Seng Index recently dropped 96 points, or 0.4%, to 22,203.93 and the Hang Seng China Enterprises Index gave up 0.8%. Investors returned to data released Monday that displayed Chinese manufacturing activity boost up in March, but economists noted the acceleration in activity stemmed mainly from seasonal factors. In mainland China, the Shanghai Composite advanced 2 points to 2,236.26.

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