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Asia Markets: China, Hong Kong stocks get off to fast start on slow trading day

Equity markets in Japan and Australia started the week slightly lower, while yields on sovereign bonds fell in Asia trading Monday.

In Hong Kong and China, however, markets started the day trading higher. Analysts don’t expect market participants in the region to have a lot of trading cues today.

“The U.S. markets are closed today, so I’m not expecting a lot of strong movements,” said Jingyi Pan, a market strategist at IG Group.

In Japan, a larger-than-expected January trade deficit weighed on stocks; imports rose for the first time in two years. The Nikkei NIK, +0.01% opened at a one-week low, though it rebounded and was recently 0.1% lower.

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