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The Hang Seng Index increased by 1.67%, the National Enterprise Index rose by 2.00%, the Hang Seng Technology Index surged by 2.81%, and the Red Chip Index climbed by 0.77%.In terms of individual stocks, Alibaba-W  saw a significant increase of 6.24%, driven by the positive sentiment from the easing of trade tensions between the US and its major trade partners, which led to a general rise in Chinese concept stocks. 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