Stocks in Asia-Pacific were mixed in Tuesday trade following an overnight tumble on Wall Street. Hong Kong’s Hang Seng index was 0.55% lower, as of its final hour of trading.
Shares of Alibaba in Hong Kong were up 0.47% in afternoon trade. The moves came after the Chinese technology giant’s affiliate, Ant Group, set the price for its shares on Monday. Ant Group’s upcoming dual initial public offering in Shanghai and Hong Kong is set to be the biggest listing of all time.
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