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Shanghai Stock Index Rises Over 1% as Energy Stocks Lead Gains

The Shanghai Stock Index rose more than 1%, with oil, gas, and coal stocks leading gains. The ChiNext Index also climbed more than 1%. In Hong Kong, the Hang Seng Index gained 2.1% in half-day trading, while the Hang Seng Technology Index rose 2.9%. Alibaba advanced more than 5%, while Zhipu fell 13% against the broader market trend. Investors will watch whether the rally holds through the rest of the trading session.

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