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Nikkei Markets

Asian stocks rebound as China moves to contain virus

Hyundai Motor jumps after quarterly profit beats estimates

HONG KONG (Nikkei Markets) -- Asian shares outside Japan rebounded Wednesday as Chinese officials unveiled measures to contain the outbreak of a deadly virus.

The Nikkei Asia300 index of companies outside Japan advanced 0.7% to 1,408.77 after falling about 2% yesterday. The recovery was led by mainland companies. An index of Chinese companies listed in Hong Kong added 1.9% after plunging more than 3% in the previous session. China Eastern Airlines paced the rebound in airline shares, adding 2.9%. Tencent Holdings rose 1.5% and China Vanke climbed 3.2%.

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