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CRRC shares on a roll with overseas expansion plans

HONG KONG -- Shares in Chinese train manufacturer CRRC jumped Monday in Hong Kong as investors welcomed the announcement of expansion plans in Europe and Australia.

The stock hit a two-month high of 7.44 Hong Kong dollars, up HK$0.39, or 5.53%, from Friday, a level last seen on Sept. 23. It closed at HK$7.39, up HK$0.34 or 4.82%.

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