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China stocks up despite softer than expected data; Hong Kong rebounds
China CSI300 stock index futures for August rose 0.8 percent, to 3,668.8, 10.80 points below the current value of the underlying index. On Monday, China's statistics bureau released data showing that factory output slowed more than expected in July, while investment and retail sales also disappointed. The data may reinforce views that China's economy is losing steam as lending costs rise and the property market cools. The index measuring price differences between dual-listed companies in Shanghai and Hong Kong stood at 127.66.
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