Hong Kong stocks extended the previous day's gains early Wednesday, as investors awaited initial results of HSBC's Chinese manufacturing survey, due Thursday. The Hang Seng Index edged higher by 0.2% to 23,078.31. The top mainland Chinese banks were mixed, as Bank of Communications Co. rose 0.4%, and Bank of China Ltd. added 0.3%, but Agricultural Bank of China Ltd. dropped 0.3%. China's largest offshore oil-and-gas producer Cnooc Ltd. fell 2%, seeing continued selling after the company on Monday set a lower target for output growth in 2014 than the average annual growth goal for the five years through 2015. Another major Chinese oil company, PetroChina Co. , also gave up 1.2%. On the mainland, the Shanghai Composite Index advanced 0.7%.
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