Asian shares mostly rise, but Hang Seng drops over 2% as Alibaba tumbles on reports of headquarter shift

Asian shares mostly rise, but Hang Seng drops over 2% as Alibaba tumbles on reports of headquarter shift

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Shares were trading mixed in Asia on Monday after Wall Street benchmarks closed higher on Friday, capping a third week of gains out of the last four. Tokyo and Shanghai rose while Hong Kong, Seoul and Sydney fell. Taiwan’s benchmark jumped 3.8%. Attention was turning to Wednesday’s decision by the…

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