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Hong Kong, China stocks shrug aside Middle East tensions to close higher

  • Evergrande declines after construction accident kills six people
  • China’s foreign currency reserves rose in December

Topic |   Stocks Blog
INTRODUCTION

Hong Kong, China stocks are expected to rebound on Tuesday after the S&P 500 rose overnight, for the third time in four sessions, as technology companies led a comeback. But tensions between Washington and Tehran will continue to check momentum as caution prevails.
 
The local markets are expected to retrain their focus to the phase one deal, which the United States and China, the world’s two largest economies, are expected to sign this month.

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– Zhang Shidong in Shanghai and Azar Zaidi in Hong Kong 

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