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Asian shares advance on Fed stimulus bets
by Himanshu Singh on Oct 28, 2013 at 03:19
In banking sector, China Construction Bank Corp. advanced 1.2% in Hong Kong after reporting growth in loan and fee income that helped boost third-quarter profit at the nation’s second-largest lender by 9.4%.
Ping An Insurance (Group) Co. rose 2.5% after China’s second-largest insurer said profit more than doubled in the third quarter.Komatsu Ltd. and China Telecom Corp. are among Asian companies scheduled to report results today, while Apple Inc. reports in the US.
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