PBOC Cut & Policy Stimulus Fuel Rally And Hope For More; Alibaba Bonus Feature

Asian equities were higher, led by growth stocks following Oracle’s results, which were released after the US market’s close. Hong Kong rallied mid-morning as the People's Bank of China (PBOC) cut the 7-day reverse repo rate from 2% to 1.9%, fueling gains in Hong Kong's most heavily traded stocks:…

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