(26 MAY 2020)DAILY MARKET BRIEF 1:Equities up

<p>Asian equities gained as investors shrugged off worries regarding the escalating US-China tensions and raised their hopes on a potential Covid vaccine proposed by the American biotech company Novavax, which has just started human tests.
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<p>The Nikkei and ASX 200 rallied 2.63% and 2.32% respectively. Hang Seng rebounded 1.87% as China promised that the new national security law as proposed won’t change the ‘one country two systems’ policy – which is crucial for international businesses operating in Hong Kong, while Shanghai’s Composite advanced 0.70%.
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<p>Solid purchases in US, UK and European futures also hint at a strong positive open on Tuesday.
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