Shares up but Ukraine tensions weigh | Bangkok Post: business

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Shares up but Ukraine tensions weigh

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HONG KONG - Asian shares mostly rose on Monday but gains were capped by the latest round of tensions between Russia and Ukraine despite some progress cited in the "difficult" negotiations between both sides. 

Also weighing on sentiment was a report showing China's foreign direct investment slumped to a two-year low, adding to a series of downbeat data about the world's second largest economy.

But bargain hunting pushed Shanghai higher, gaining 0.57%, or 12.74 points, to an eight-month closing high of 2,239.47 while Hong Kong ended flat, edging up 0.52 points to 24,955.46.

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