
Hong Kong Equities Edge Up After Recent Declines

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Hong Kong stocks rose 32 points (0.1%) to 26,518, breaking a four-session losing streak, influenced by stronger U.S. futures. The rebound was led by tech and consumer sectors, reflecting gains in mainland markets after the People's Bank of China maintained lending rates. However, investor caution persisted ahead of upcoming inflation data and business confidence readings. Notable early movers included Wuxi Biologics (2.6%), SMIC (2.5%), Zijin Mining (2.2%), and China Hongqiao Group (1.9%).
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