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MW: HSBC shares surge to lead Hong Kong rebound
 
Hong Kong stocks rebounded in early trading Tuesday as shares of banking giant HSBC Holdings bounced back to recover a part of its hefty losses in the previous session. The Hang Seng Index was recently up 2.9% at 11,673.73, with HSBC jumping 14.7%, after plunging 24.1% in the previous session. The advance in HSBC shares came after Hong Kong's Securities and Futures Commission said it's making inquiries regarding the plunge in HSBC's shares in Monday's closing auction, during which HSBC lost 12.5% from its last level in the continuous trading session. Shares of market heavyweight China Mobile rose 1.8%, while Hang Seng Bank added 2.5%.
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