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HK, mainland stocks go back to traditional plays

Mainland and Hong Kong stocks rose on Monday, led by consumer shares, though gains were limited by weakness in tech plays. The benchmark Hang Seng Index rose 269 points, or one percent, to 25,937 on turnover of HK$240.28 billion, driven by consumer and property shares, while chipmakers and AI stocks sank. The tech index rose 61 points, or 1.3 percent, to 4,919 while the China Enterprises Index…

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