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Stocks Blog: Alibaba approved to list in Hong Kong; New World, Wharf, other property stocks fall amid protest chaos

  • Banks fall in Hong Kong as protests lead to branch closings
  • China’s stocks drop ahead of economic data release 
Topic |   Stocks Blog
INTRODUCTION

Good day, traders --

Stocks fell in Hong Kong and China, on worries about escalating violence in the city and whether the US and China can come up with a trade deal.

Alibaba has been approved for a secondary listing in Hong Kong and aims to raise up to US$15 billion. (Alibaba owns the South China Morning Post.) 

Catch up on the day's action below.

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Also, if you would like the Live Stocks Blog emailed to you each morning, shoot Deb a message at
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-- Zhang Shidong in Shanghai and Deb Price in Hong Kong 

 

Note: Information in this blog is on an "as is" basis and not a solicitation or offer to buy or sell any securities or otherwise; and is not investment/professional advice or services in this regard.  It is subject to our T&C.  SCMP (as defined in
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