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Asian equities climbed, tracking US peers after a positive conversation between Donald Trump and Xi Jinping raised hopes for easing US-China tensions.
Shares advanced in Australia and Japan, with those in Hong Kong and mainland China also opening higher. A gauge of US-listed Chinese shares jumped 3.2% Friday as Trump described the pre-inauguration talk between the two leaders as “very good.” US futures were marginally lower in Asia with Wall Street closed on Monday for a holiday.
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