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Your support makes all the difference.THE BENCHMARK Hang Seng index led gains across Asia, rising 244.43 points, or 3.2 per cent, to 7,946.04 on expectations of a 25 basis point cut in US rates today.
HSBC Holdings, parent of the city's two largest lenders, rose 3.9 per cent as traders expected it to benefit from a rate cut. The government intervened in futures, buying the September contract ahead of its expiry today in a bid to force hedge funds to close any short positions.
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