Hang Seng Retreats From Early Gains But Books Weekly Rise
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The Hang Seng Index fell 79 points (0.3%) to close at 26,845, marking its second consecutive loss due to sector weakness and caution ahead of key China data. Despite this, the index rose 2.3% weekly, supported by potential policy easing from the PBoC. Notable declines included Chow Tai Fook (-1.5%), Haidilao (-1.3%), Pop Mart (-5.7%), Tencent Music (-4.7%), and Xiaomi Corp. (-1.9%).
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