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Nikkei Markets

Hong Kong stocks eke out gain for first time in seven days

Geely up after report of possible Daimler deal for China ride-hailing services

HONG KONG (Nikkei Markets) -- Hong Kong stocks edged narrowly higher on Wednesday, halting a six-day losing streak as they endured lingering concerns over Sino-American trade relations and global growth.

China Mobile added 3% and heavyweight HSBC Holdings increased 0.7%, the biggest contributors to the Hang Seng Index's gains by points. Geely Automobile Holdings rose 2.7%. Its parent group company Zhejiang Geely Holding Group is in talks with Germany's Daimler to step up ride-hailing and car-sharing services in China, Bloomberg reported on Tuesday, citing people familiar with the matter.

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