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Hong Kong rethinks rules after Alibaba IPO loss

By Kelvin Chan
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Hong Kong rethinks rules after Alibaba IPO loss

HONG KONG (AP) — Alibaba’s choice of New York over Hong Kong for its blockbuster IPO was a blow for the Chinese financial center. Now, the city’s stock market is starting to rethink rules that stopped it from accommodating the Chinese e-commerce giant’s unique management setup.

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