The Hong Kong stock market climbed to an eight-month high in volatile trade on Thursday, 11 August 2016, as investors encouraged by rumors that authorities would announce the launch of Shenzhen-HK Connect program after mainland markets close. The benchmark Hang Seng Index advanced 88.12 points, or 0.39%, to 22580.55 points. The Hang Seng China Enterprises Index, benchmark measure of performance of mainland China enterprises, rose 107.84 points, or 1.16%, to 9423.34. Turnover increased significantly to HK$75.8 billion from HK$61.2
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