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Asian Shares Rise In Thin Holiday Trade
CANBERA (dpa-AFX) - Asian stocks rose broadly on Tuesday despite lingering concerns about spike in coronavirus cases in the region.
China was closed for Labor Day. The Japanese markets were closed for Greenery Day. Hong Kong s Hang Seng index climbed 199.60 points, or 0.70 percent, to 28,557.14.
Ending a long and severe long recession, Hong Kong s economy grew at the fastest pace in more than a decade in the first quarter of 2021, advance estimate from the Census and Statistics Department showed.
GDP grew 7.8 percent from a year earlier, in contrast to the decrease of 2.8 percent in the fourth quarter, underpinned by robust exports. ....

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