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Most Asian stocks and currencies are pushing higher on Monday to kick off this holiday-shortened trading week for China, Hong Kong, Taiwan, and South Korea. Investor sentiment is being influenced by China’s August industrial profits, released on Sunday, which rose 19 percent compared to August 2019 to mark four consecutive months of year-on-year growth. Equipment manufacturers saw a steep expansion in its profits, while industrial enterprises in the mining industry have made a notable recovery.Positive readings on the world’s second largest economy is helping risk-on sentiment push... Read More
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