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International Business Times
International Business Times
Business

Hong Kong Stocks Lifted By Nvidia Rally On Mixed Day In Asia

Investors pared their bets on a Federal Reserve rate cut in September after the latest US inflation data (Credit: AFP)

Tech firms led another rally in Hong Kong stocks Wednesday after US titan Nvidia said it would resume exports of key chips to China after Washington pledged to remove licensing curbs.

However, other Asian markets were mixed as they weighed Indonesia's trade deal with Washington and a spike in US inflation that saw investors pare their bets on Federal Reserve interest rate cuts.

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