Hong Kong’s Hang Seng Index edged higher on Monday as strength in retailer Esprit Holdings offset weakness in Chinese commodities counters after disappointing corporate earnings doused recovery hopes.
But there were emerging signs of a differentiation within these cyclical sectors, particularly with the leading players in the coal, steel and cement sectors that are seen controlling costs more effectively.
via Business feed http://www.scmp.com/business/money/stock-talk/article/1225933/hong-kong-shares-inch-higher-china-coal-slumps-earnings
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