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Hong Kong Stocks Turn Negative, Erasing Earlier Gains; NIO Drops 4%; Ronshine China Sinks 32%

Hong Kong stocks jumped in morning trading, snapping a three-day decline. investors anticipate more support measures for the troubled sector from a housing ministry press conference scheduled for Thursday.The Hang Seng Index rose 1.9%, while the Hang Seng Tech Index gained 2.5%.In terms of individual stocks, SenseTime and Xiaomi rose 4%; SMIC rose 3.7%; JD.com rose 3.4%; Meituan rose 3.1%; XPeng and Alibaba rose 2.8%.
Hong Kong Stocks Turn Negative, Erasing Earlier Gains; NIO Drops 4%; Ronshine China Sinks 32%

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