Asian Markets Mixed Ahead of China's Golden Week Holiday; Hong Kong Gains, Japan Drops
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Asian markets mixed on Friday, Hong Kong's Hang Seng Index gained with investors eyeing China's Golden Week holiday data.
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Hang Seng Index rose 1.6%, mainland Chinese markets closed for holiday.
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Investors hope China's 8-day Golden Week boosts consumer spending and confidence in ailing economy.
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Preliminary data suggest domestic travel remains resilient, outbound recovery lagging.
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Japan's Nikkei 225 dropped 0.3%, yen weakening against US dollar again.