Hang Seng Falls 0.4% Weekly
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The Hang Seng Index rose 0.3% to close at 26,232 on Friday, ending a two-day decline, supported by gains in consumer and property stocks. However, the index fell 0.4% for the week due to geopolitical tensions and caution ahead of upcoming trade and credit data from China. Notable stock movers included Laopu Gold, Kuaishou Technology, and Zhaojin Mining. Meanwhile, the Shanghai benchmark remained near a decade high, buoyed by strong inflation data and easing producer price deflation.
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