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Hong Kong, Japan stocks jump 2% as Wall Street rallies on omicron optimism; Alibaba surges 10%


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SINGAPORE — Stocks across Asia-Pacific jumped on Tuesday, bouncing back from Monday losses as Wall Street rallied on optimism that the omicron variant risk might not be as bad as feared.

Hong Kong’s Hang Seng was up about 2%, as casino and property shares rose. Some tech stocks also recovered from the previous session. Tencent was up 2.68%, and Alibaba soared 10.38% after losing nearly 6% Monday.

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Full article: CNBC

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