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Tech lifts China, HK shares amid risk-on mood
SHANGHAI: China and Hong Kong stocks rose on Tuesday, led by AI supply chain shares, as an overnight equity rally on Wall Street and sliding oil prices lifted risk sentiment across Asia. China’s blue-chip CSI300 Index and the Shanghai Composite Index both edged up 0.1% by the lunch break. Hong Kong benchmark Hang Seng was up 0.2%. Chip supply chain shares across Asia climbed, tracking an overnight rally on Wall Street that saw the Nasdaq jump 2.7%. The 5G Communication Index rose 2.7%, leading gains onshore, while the tech-focused STAR50 Index was up 1%. Hong Kong-listed shares of optical comm...
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