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Hong Kong: Stocks close sharply higher

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Hong Kong stocks started the week with a bang Monday, rallying more than three percent on relief that Donald Trump held off unveiling severe measures against China over its security law proposal for the financial hub.

[HONG KONG] Hong Kong stocks started the week with a bang Monday, rallying more than three per cent on relief that Donald Trump held off unveiling severe measures against China over its security law proposal for the financial hub.

The Hang Seng Index jumped 3.36 per cent, or 771.05 points, to 23,732.52.

The benchmark Shanghai Composite Index rose 2.21 per cent, or 63.08 points, to 2,915.43, while the Shenzhen Composite Index on China's second exchange rallied 3.16 per cent, or 56.44 points, to 1,842.95.

AFP

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