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Asian shares rise on 2023 outlook hopes

HONG KONG: Asian markets rose Thursday, led by Hong Kong after the city's traders extended an impressive start to the year, thanks to optimism over China's reopening and officials there making key policy changes to encourage investment.

Oil prices also staged a mild rebound, but remain under pressure after losing about 9 percent in the previous two days, owing to demand concerns.

A man looks at a monitor showing (from left) New York’s Dow Jones Industrial Average, Tokyo’s Nikkei 225 index and the dollar-yen exchange rate at a securities firm in Tokyo on Thursday, Jan. 5, 2023. AP PHOTO