Hong Kong Stock Market Expected to Rebound Following Global Trends

The Hong Kong stock market fell on Wednesday, with the Hang Seng Index dropping 1.06 percent to close at 23,892.32. Alibaba Group was down 3.83 percent, while other major stocks also saw losses. The market is expected to bounce back on Thursday, following positive global market trends. On Wall Street, major averages ended with modest gains, fueled by optimism over a potential U.S.-EU trade deal. Nvidia saw a 1.8 percent jump, becoming the first company to reach a $4 trillion market cap. Crude oil prices inched higher, despite Saudi projections of increased demand and a rise in U.S. oil inventories.

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