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Nikkei Markets

Hong Kong shares rise for week on partial trade deal support

Link REIT up on Friday following plans for first acquisition outside Greater China

HONG KONG (Nikkei Markets) -- Hong Kong shares edged higher on Friday, sealing their third consecutive weekly gain, as optimism over a preliminary Sino-American trade agreement lingered.

The Hang Seng Index added 0.2% to 27,871.35 on Friday, ending the week 0.7% higher. China Mobile rose 2.4% on Friday, contributing about a third of the gauge's gains by points. Link Real Estate Investment Trust added 2.8% after the Hong Kong-based trust said a unit had agreed to buy an office property in Sydney for 683 million Australian dollars ($471 million).

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