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Nikkei Markets

Hong Kong shares jump on signs US-Iran tensions easing

Yuan strengthens after lower-than-expected monthly inflation reading

HONG KONG (Nikkei Markets) -- Hong Kong shares chalked up their biggest gain in almost a month on Thursday amid a rebound in risk appetite, with some traders optimistic that U.S.-Iran tensions were unlikely to escalate.

The Hang Seng Index added 1.7% to 28,561.00, its biggest single day rally since Dec. 13. Among heavyweights, internet services company Tencent Holdings rose 2.1%, while pan-Asia insurer AIA Group rose 2.2%.

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