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raise money for 为……筹款
banking sector 银行部门
acquisition (n.)收购
Strait Times index
百分率表示: 3% 10% 11%
Hong Kong stocks also rose Friday. Mainland-based China Petroleum went up nearly 3% on news that it plans to raise money for new acquisitions. Talks of mergers in Singapore's banking sector helped boost the Strait Times index to close up 2%.