Alibaba, Nio Fall 2%: Hang Seng Opens In The Red As Traders Digest China Factory Data, Await Fed Chair Speech

Alibaba, Nio Fall 2%: Hang Seng Opens In The Red As Traders Digest China Factory Data, Await Fed Chair Speech

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Hong Kong shares opened in the red on Wednesday morning Asia trade after China’s November factory activity narrowed at a faster pace. The official manufacturing purchasing managers' index (PMI) was recorded at 48 against a 49.2 reading in October, reported Reuters, citing the National Bureau of…

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