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Economy

Shares of China's 4 largest banks rise in Hong Kong

Expectations of an influx of funds from the mainland buoy shares

HONG KONG -- Shares of China's four largest state-run banks are rising in Hong Kong on expectations of an inflow of capital from mainland China.

Industrial and Commercial Bank of China (ICBC) saw its stock price jump 0.100 Hong Kong dollar, or 1.96%, from Wednesday to HK$5.200 on Thursday morning in Hong Kong, hitting its highest level since Aug. 18, 2015, when it logged HK$5.210.

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