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Nikkei Asia300 rises after US indexes set records on tax cut bets

Finance, technology heavyweights in Hong Kong and Seoul lead gains

MUMBAI (NewsRise) -- Asian stocks outside of Japan advanced following a record-setting session on Wall Street amid optimism over U.S. corporate tax cuts as voting on the long-awaited overhaul draws near.

The Nikkei Asia300 Index added 0.5% to 1,384.80 after rising 0.7% last week. Technology heavyweights Samsung Electronics and Tencent Holdings advanced at least 1.2% each, while China Construction Bank (CCB) and Industrial & Commercial Bank of China (ICBC) also climbed more than 1%. Hong Kong Exchanges & Clearing jumped 4.2%, the most in almost a month, after the bourse operator unveiled a proposal on Friday to allow companies to list shares with different classes of voting rights.

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