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Asia Markets: Hong Kong stocks rise to nearly 2-year high as oil shares advance

Asian shares ended mostly in positive territory Monday, shaking off the weekend’s North Korean missile test and a global cybersecurity attack.

North Korea tested a new type of missile, and a global cyberattack hit computers in business, government and health care.

But regional equity strength has persisted in recent weeks despite concerns including North Korea and China’s economy, and continued Monday amid signs of investor hope regarding China.

“Risk-off sentiment is not too strong,” said Masashi Murata, a senior currency strategist at Brown Brothers Harriman. Despite weak U.S. inflation data on Friday, the economy there remains steady, he added, auguring well for export-dependent Asian economies.

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