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The Independent UK
The Independent UK
National
Via AP news wire

Asian shares advance, Hong Kong sags on weak factory data

Asia Hong Kong Inflation United States
Copyright 2022 The Associated Press. All rights reserved

Shares were mostly higher in Asia on Monday after a strong close on Wall Street last week, though the latest manufacturing surveys showed weakening factory activity in the region’s biggest economies.

Tokyo, Shanghai and Sydney advanced while Hong Kong and Seoul slipped. U.S. futures declined and oil prices lost more than $1 a barrel.

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