31.   In Hong Kong, share prices rose, lifted by surprisingly strong government land auction results.

32.   Once the spring auction results are added, the index could be used to help determine how the current economic downturn is affecting the art market.

33.   Share prices rose on the Hong Kong Stock Exchange Wednesday, lifted by surprisingly strong government land auction results.

34.   The auction results were slightly better than expected, though large developers showed some restraint, concerned about the possible introduction of measures to cool property market speculation.

35.   The FRA auction results have been frustrating.

36.   Dealers said investors largely expected the US auction results on Wednesday and Thursday to be less favourable than the three-year note auction.

37.   Property stocks did not gain much of an advantage from the strong land auction results yesterday, they said.