Hong Kong Leads Asian Stocks Higher, Bonds Fall: Markets Wrap

(Bloomberg) — Hong Kong stocks outperformed in an otherwise muted Asian market, while bonds in the region fell as traders recalibrated their bets on the Federal Reserve’s easing. Shares in Hong Kong jumped after a two-session holiday, tracking Monday’s gains in their mainland counterparts. Xiaomi Corp. contributed the most to the advance in the city’s…

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