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Hong Kong

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  • BEIJING, Feb 3- Growth in China's increasingly important services sector rose for the fourth straight month in January, though the slim increase added to evidence that the recovery in the world's second-largest economy remains a modest one.

  • FRANKFURT, Feb 1- Daimler secured a stake in its partner BAIC Motor ahead of a planned stock offering by the Chinese carmaker, in an effort to catch up with larger German rivals in what could become the biggest market for luxury cars in the world.

  • Payment for shares made in cash- HSBC. HONG KONG, Feb 1- China has approved the sale of HSBC's remaining $7.4 billion stake in Ping An Insurance to a group controlled by Thailand's richest man, allowing completion of the biggest equity purchase in the country by a foreign investor.

  • HONG KONG, Feb 1- China has approved the sale of HSBC's remaining $7.5 billion stake in Ping An Insurance to a group controlled by Thailand's richest man, giving the green light to the country's biggest inbound M&A deal.

  • HONG KONG, Feb 1- China has approved the sale of HSBC's remaining $7.5 billion stake in Ping An Insurance to a group controlled by Thailand's richest man, giving the green light to the country's biggest inbound M&A deal. Ping An announced the approval in a filing on the Shanghai stock exchange just hours before a deadline for a decision.

  • BEIJING, Feb 1- China posted a $117.3 billion deficit in its capital and financial account in 2012, preliminary data from the country's foreign exchange regulator showed on Friday, signalling capital outflows amid turbulence in the global economy and financial markets.

  • *China brokers, insurers lead afternoon A-share climb. *China property weak on fears of more curbs. HONG KONG, Feb 1- China shares closed out their best week in 15 months, helped by an afternoon surge on Friday that also lifted the Hong Kong market from earlier losses rooted in news an official survey of manufacturing activity in China lagged expectations.

  • HONG KONG, Feb 1- Hong Kong shares eked out a gain for the week after an afternoon surge in the mainland Chinese market helped pare Friday losses rooted in how an official survey of manufacturing activity in China lagged expectations.

  • *MSCI Asia ex- Japan steady. European markets are likely to inch higher, with financial spreadbetters predicting London's FTSE 100, Paris's CAC-40 and Frankfurt's DAX would open up as much as 0.2 percent.

  • HONG KONG, Feb 1- China shares posted their best weekly gain in 15 months, helped by a jump on Friday as investors chased strength in the brokerage and insurance sectors, shrugging off weakness in material plays after an official manufacturing survey lagged expectations.

  • *China agricultural stocks lifted by policy signals. HONG KONG, Feb 1- Hong Kong shares extended a retreat from a 21- month high on Friday, dragged down by growth-sensitive stocks after an official survey of manufacturing activity in China disappointed expectations.

  • HONG KONG, Feb 1- Hong Kong and China shares slipped on Friday after official data for manufacturing activity in the world's second-largest economy came in below expectations for a nine-month high. The Hang Seng Index was down 0.4 percent at 23,633.8 Points at 0200 GMT, while the China Enterprises Index of the top Chinese listings in Hong Kong fell 0.7 percent.

  • Patrick Chovanec, Associate Professor, Tsinghua University says that allegations that Chinese hackers attacked the New York Times was no big surprise. He also says that China's new leaders are still obsessed about controlling the narrative on China.

  • HONG KONG, Feb 1- Hong Kong shares were set to start slightly higher on Friday, with Hang Lung Properties rising 4.3 percent to be the top percentage riser among Hang Seng Index components. The Hang Seng Index was set to open up 0.1 percent at 23,763.3. The China Enterprises Index of the top Chinese listings in Hong Kong was indicated to start down 0.1 percent.

  • HONG KONG, Feb 1- Hong Kong shares could start higher on Friday, ahead of the release of data that is likely to show China's economy expanded at its fastest pace in nine months. IATA's members include major airlines such as Air France KLM, British Airways, Delta and Air China.

  • HONOLULU-- The U.S. Navy plans to dismantle a minesweeper that ran aground on a coral reef off the Philippines because the ship is a complete loss and because removing it intact would cause more damage to the reef and the ship's hull, a spokesman said Wednesday. Limiting damage to the coral, which is part of a national marine park, is important to the Navy, James said.

  • *China factory, U.S. jobs data due Friday may give more support. SINGAPORE, Jan 31- London copper rallied to a three-and-a-half-month peak on Thursday as a revival in U.S. consumer spending and a recovery in Europe's banks added to evidence of strengthening global economic growth.

  • LONDON, Jan 31- A Hong Kong- based firm that attempted to sell embargoed Hewlett-Packard computer equipment to Iran's largest mobile-phone operator has much closer ties to China's Huawei Technologies than was previously known, corporate records show.

  • *China steel, shipping sectors hit by profit warnings. HONG KONG, Jan 31- Hong Kong shares slipped from a 21- month high on Thursday, trimming monthly gains, as investors turned cautious following a batch of profit warnings and knocked the Hang Seng Index off its most overbought levels in almost a month.

  • *Copper eyes 2013 peak of $8,256.50 from Jan. 3. SINGAPORE, Jan 31- London copper held near its 2013 peak on Thursday as a revival in U.S. consumer spending and a recovery in Europe's banks added to evidence of a strengthening global economic recovery.