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China Electronics Manufacturer s IPO Mints New Billionaire

Hong Kong stocks leap in catch-up trade after China s manufacturing rebound; Xiaomi surges on strong EV orders

Hong Kong stocks jumped by the most in three weeks, with investor sentiment lifted by a manufacturing rebound in the world’s second biggest economy and as Chinese smartphone and gadget maker Xiaomi reported solid orders on its debut in the world’s biggest electric vehicles (EV) market.

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