Hong Kong market jumps 2% as wider Asia-Pacific stocks trade mixed; Japan business sentiment sours

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Hong Kong market jumps 2% as wider Asia-Pacific stocks trade mixed; Japan business sentiment sours
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Hong Kong stocks jump 2% as wider Asia-Pacific remain mixed; Japan business sentiment declines.

Hong Kong's Hang Seng Index was 2.36% higher in morning trade, lifted by a mix of health care, basic materials and technology stocks. Leading the index's gains are pharmaceutical companies WuXi AppTec , which jumped 6.85%, and WuXi Biologics, which climbed 5.92%. Manufacturing company Techtronic Industries rose 4.

63%, while property firm Longfor Properties gained 5%. Other index heavyweights are in the green. Meituan is up 5.72%, while Ping An and Hong Kong listed JD.com rose 3.41% and 3.22%, respectively. The Hang Seng tech index, which tracks the 30 largest technology companies listed in Hong Kong, is up 3.12%. —Lee Ying Shan

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