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Nikkei Markets

Hong Kong shares end at two-week high on developers, techs

Chinese property stocks listed in city jump on May sales and June outlook

HONG KONG (Nikkei Markets) -- Hong Kong shares closed at a two-week high on Tuesday, with many Chinese property developers listed in the city climbing on upbeat sales data and outlook, while technology companies advanced on positive cues from the U.S. markets.

The benchmark Hang Seng Index rose 0.3% to 31,093.45, closing above 31,000 for the first time since May 21, after spending much of the morning session in the red. Apple suppliers Sunny Optical Technology Group and AAC Technologies Holdings gained 1.6% and 1.2%, respectively, after the Nasdaq Composite Index closed at a record high on Monday. Tencent Holdings, the most valuable stock listed in Hong Kong, added 1.2%.

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