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China tech rally ends on report of new IPO guidelines; Alibaba Group falls 3.9%

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China tech rally ends on report of new IPO guidelines; Alibaba Group falls 3.9% A rally in Chinese expertise shares evaporated within the afternoon after Dow Jones reported that new rules can be proposed to dam firms with giant quantities of delicate shopper information from floating shares within the US. The Hang Seng Tech Index closed 0.2 per cent decrease in Hong Kong after rising as a lot as 2 per cent within the morning. The new guidelines goal firms searching for international itemizing by way of items included exterior the nation, Dow Jones reported, citing folks aware of the…

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