
Hong Kong Market Builds on Previous Gains

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Hong Kong stocks rose 0.8% to 25,733, marking a second day of gains after a strong Wall Street session. The Fed's interest rate cut and the Hong Kong Monetary Authority's alignment boosted sentiment. Gains were led by financials, consumer names, and tech. However, caution remained ahead of China's November credit data and Hong Kong's upcoming Q3 industrial output and November unemployment data. Notable movers included Prada (3.0%), Pop Mart (2.2%), China Taiping (1.9%), and Techtronic (1.2%).
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