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Asia-Pacific stocks mixed; China's latest benchmark lending rate ahead

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Asia-Pacific stocks set for lower open; China's latest benchmark lending rate ahead

Investors will also monitor Alibaba shares in Hong Kong after Reuters reported Friday that China's central bank has accepted Alibaba-affiliate Ant Group's application to form a financial holding firm, reviving hopes for a potential public listing for Ant.

SINGAPORE — Shares in Asia-Pacific were mixed in Monday morning trade, as investors look ahead to the release of China's latest benchmark lending rate.

 

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Asia-Pacific Stocks Set for Lower Open; China's Latest Benchmark Lending Rate AheadChina’s latest one-year and five-year loan prime rates are set to be announced on Monday.
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China further reins in business activities of officials' familiesChina's ruling Communist Party has issued rules to further rein in the business activities of the families of senior government officials, in the latest move to fight corruption, the official Xinhua news agency said on Sunday.
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