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Asian markets gain as China tries to ease fears of more regulation of internet companies

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SINGAPORE — Asian stocks mostly rose Thursday after the Federal Reserve kept its accommodative monetary policies and signaled that economic recovery was on track.

Chinese technology giants led the way, as authorities moved to soothe jitters over anti-monopoly and data-security enforcement against the industry.

Tokyo’s Nikkei 225
JP:NIK
gained 0.7%, while the Kospi
KR:180721
in South Korea was slightly higher. The Hang Seng
HK:HSI
in Hong Kong jumped 2.7%.

The Shanghai Composite Index
CN:SHCOMP
rebounded 1% after three days of declines. Sydney’s S&P/ASX 200
AU:XJO
added 0.4%. Stocks gained in Singapore
SG:STI,
Taiwan
TW:Y9999
and Indonesia
ID:JAKIDX.

Games and social media giant Tencent Holding Ltd.
HK:700
surged 7.2% in Hong Kong. Internet search giant Baidu Inc.

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