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Asian stocks cheer warming trade talks, Alibaba's strong Hong Kong debut

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Asian stocks rose on Tuesday, bolstered by new momentum in Sino-U.S. efforts to ...

TOKYO - Asian stocks rose on Tuesday, bolstered by new momentum in Sino-U.S. efforts to end their acrimonious trade dispute and as Chinese e-commerce giant Alibaba made a strong Hong Kong debut in the world’s largest share sale this year.

That followed positive headlines out of China and the United States on Monday, which had helped bolster confidence. “We have a low interest rate environment that is supportive of equities. If we get better economic news and relief from geopolitical risks, equities could rally further next year.”

 

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