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Hong Kong stocks snap 5-day slump as China rate-cut hopes as Alibaba, HSBC help lift market from 13-month low

Local stocks stem five days of losses on speculation China’s central bank will cut lending rates soon to spur the economy. Two market debutants in Hong Kong hand investors steep losses.

Hong kongZhongshen jianyeChangjiu holdingsHang seng indexStock connectConcord healthcareHong kong stock marketHang seng index

Mixed results greet market debutants

Staff reporter Three companies going public yesterday showed mixed performance, with Changjiu (6959) rose 16 percent but Zhongshen Jianye (2.

Saudi arabiaHong kongZhongshen jianyeChangjiu holdingsConcord healthcareMiddle eastThe standardEction newsOp newsEntral station

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