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HONG KONG, Sept 7 (Reuters) - Hong Kong shares are expectedto rise slightly on Monday, following Friday's rally on WallStreet, where investors focused on data showing fewer jobs cutsin August. But trade is likely to be sluggish, with U.S. markets closedon Monday for the Labor Day holiday. China Unicom (0762.HK) will be in focus after Spain'sTelefonica (TEF.MC) said on Sunday it had reached a deal withChina's No. 2 wireless operator whereby each would buy billionworth of each other
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