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Hong Kong jumps 2% as Meituan shares surge; Singapore travel stocks soar NewsBreak

SINGAPORE — Shares in Asia-Pacific were mostly higher in Monday trade as stocks in Hong Kong led gains regionally. Hong Kong’s Hang Seng index rose 2.09% in morning trade. Shares of Meituan in Hong Kong surged 7.97%. China’s market regulator on Friday said it had fined the company about 3.4 billion Chinese yuan ($527.71 million) after finding it guilty of monopolistic practices.…

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