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Nikkei Markets

Nikkei Asia300 jumps as techs rise after robust US jobs data

Tencent leads gains in Hong Kong; TSMC and Largan boost Taiwanese shares

HONG KONG (Nikkei Markets) -- Asian stocks outside of Japan got off to a strong weekly start as positive signals from the U.S. bolstered technology companies, overpowering worries related to global trade tensions.

The Nikkei Asia300 Index gained 1.3% to 1,408.68, following a 0.5% drop last week. Heavyweight internet-services company Tencent Holdings climbed 2.7% in Hong Kong, while technology majors Taiwan Semiconductor Manufacturing Co. (TSMC) and Largan Precision added 2.2% and 4%, respectively, in Taipei. In Seoul, Hyundai Motor advanced 2.1% and Kia Motors jumped 5.8% to support the broader market while Samsung Electronics slipped 0.4%, halting a two-day winning streak.

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