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Asian markets rise on US-China trade optimism; Hong Kong's Hang Seng up 0.8%; oil prices dip

Asian stocks experienced a surge following a fresh agreement between the US and China, aimed at de-escalating trade tensions. Japan's Nikkei 225 climbed by 0.5%, while Hong Kong's Hang Seng rose by 0.8%. The Shanghai Composite also saw a 0.5% increase. This progress has fueled optimism for a broader resolution after months of tariff disputes.