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Asia stock markets surge on Thursday
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Source: CCTV.com | 04-03-2009 10:46
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Asian stock markets soared on Thursday, as stronger than expected US economic figures boosted confidence that the world's largest economy might be recovering.
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| A passer-by walks past a stock indicator of the Tokyo Stock Exchange.(AFP/Toshifumi Kitamura) |
The Hong Kong's Hang Seng rose more than 7 percent. Analysts said the rise was partly due to sharp gains in HSBC and property companies.
They said the Hang Seng may rise further driven by positive signals emerging from the G20 summit. Japan's Nikkei 225 stock average jumped 4.4 percent.
The big gains in Asia followed an overnight surge on Wall Street, amid tentative signs of stabilization in the hard-hit global economy and banking industry.
Editor:Zhang Pengfei
