Alibaba, Nio Stocks Drop: Hang Seng Opens Weaker As US Inflation Data, Fed Meet Eyed
Hong Kong stocks opened in the red on Monday, with the benchmark Hang Seng losing 1% in morning trade, as investors and traders shifted focus to U.S. consumer price inflation due on Tuesday and the crucial FOMC meeting where the Federal Reserve is expected to hike its policy rates by 50 basis…
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