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Chinese tech stocks rallied in Hong Kong on Monday as bargain hunters rushed in following the industry’s worst rout in months.
The Hang Seng Technology Index climbed to 4.5%, the biggest jump since July, after falling nearly 11% last week. The gauge had fallen for five consecutive weeks in its biggest losing streak since January 2019. It had closed at its lowest level since its inception in July 2020 on Friday.
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