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Asian Stocks Advance Amid China Stimulus Hopes, Global Yield Retreat

    Asian stocks experienced another day of buoyant trading amid ongoing hopes of government stimulus in China and as global equities broadly benefited from a retreat in bond yields. Hong Kong’s Hang Seng Index gained 1.3%, its fifth straight day of gains and the longest winning streak for the index since mid-July. “In Asia, equity markets are extending a global markets rally,” said Jim Reid, a strategist at Deutsche Bank.

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