
Hong Song Closes 0.5% Higher in Holiday-Shortened Trading

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The Hang Seng Index rose by 0.5%, gaining 139 points to close at 26,706, reversing two days of losses. Trading was light ahead of the Spring Festival, but optimism grew due to easing Sino-U.S. tensions and expectations of support measures from Beijing following weak January CPI. The Hong Kong market will be closed for the holiday, reopening on Friday. Notable gainers included China Hongqiao Group (3.9%) and Techtronic Industries (3.5%).
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