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Taiwan stocks rebounded 0.85 percent on Thursday, but smartphone maker HTC Corp tumbled by the 7 percent daily limit after cutting its fourth-quarter revenue forecast. The main TAIEX index ended up 57.96 points at 6,864.39, after plunging almost 8 percent in the past four sessions. The electronics sub-index was off 0.55 percent, while financials jumped 3.27 percent.
Taiwan's Financial Supervisory Commission said that its Chinese counterpart would speed up the reviewing process for Taiwanese banks.

Copyright Reuters, 2011

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