Stocks gain on economic hopes, but Hong Kong risk clouds outlook


President Donald Trump said he will announce a response to China's policies towards Hong Kong later this week.

TOKYO/NEW YORK: Asian shares and U.S. stock futures rose on Thursday as growing optimism about a global economic recovery from the coronavirus pandemic trumped immediate concerns about a standoff between the United States and China over Hong Kong.

MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.6%. Stocks in China rose 0.44%, but shares in Hong Kong fell 0.23%.

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