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Hong Kong stocks open 0.48% higher

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HONG KONG, Nov 29 AFP

November 29 2012, 12:52AM

Hong Kong stocks rose 0.48 per cent in early trade on Thursday following a positive lead from Wall Street on hopes for a deal in the United States to avert the fiscal cliff.

The benchmark Hang Seng Index added 104.91 points to 21,813.89 in the opening minutes.