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Sluggish Retail Growth In China & More Headwinds For Hong Kong's Property Markets Drag Stocks Down - Alibaba Gr Holding (NYSE:BABA)

Stocks in Hong Kong and China closed the week out lower Friday as weak consumer sentiment and property market jitters resurfaced. The Hang Seng Index ended a three-day winning streak to end down 2.2% at 17,813.45 while China’s CSI 300 Index closed 1.1% lower at 3,663.41. ....

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