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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: Long John who wrote (74304)	12/5/1999 10:03:00 PM
From: puborectalis	Respond to of 120523

ICAB up along with rest of HK market......HK stocks break above 16,000 mark at open HONG KONG, Dec 6 (Reuters) - Hong Kong's Hang Seng Index (^HSI - news) opened sharply higher on Monday, breaking above 16,000 for the first time since August 21, 1997. About two minutes after the 1000 local time (0200 GMT) open, the Hang Seng was up 238.40 points or 1.51 percent at 16,078.81, the first time it had broken through 16,000 intraday since August 21 when it hit 16,184.30. Traders and analysts had expected the index to open strongly, fuelled by rallies on Wall Street inspired by reassuring inflation-sensitive data on Friday showing that hourly wages rose by a less-than-expected 0.1 percent in November.