Lippo China earned 6.6% on rumored HKCB Sale

Lippo China Resources Ltd. (0156) surged 6.6 percent, fueled by speculations that the company has finally found a buyer for its stake in HKCB Bank Holding (0655). Its shares were up 6 percent to 16 HK cents at HKT11:40am. HKCB rose 3.9 percent to HK$3.35. Citic Ka Wah Bank inched up 1 percent to HK$2.475.

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