HONG KONG: Shares of China Overseas Land & Investment Ltd , the country's largest property developer by market value, rose sharply in early trade on Wednesday, Aug 10 after posting a 35% rise in first-half net profit.
China Overseas Land rose 7.41% to HK$17.10 (RM6.57), outpeforming the Hang Seng Index's 3.43% gain. The benchmark index rebounded after a promise by the US Federal Reserve to maintain near-zero interest rates. — Reuters
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