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Nikkei Markets

Hong Kong shares end above 29,000 after flat China GDP figures

Yuan jumps but analysts warn economic cycle might not have reached bottom

HONG KONG (Nikkei Markets) -- Hong Kong shares weathered a choppy trading day to end at a seven-month high on Friday, as investors digested China's economic growth numbers.

The Hang Seng Index ended 0.6% higher at 29,056.42, its highest closing level since May 7. The gauge rose 1.5% for the week, its seventh consecutive weekly advance.

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