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Alibaba, Nio Fall Over 2% In Weak Hang Seng Opening: Why Investors Are Focused On Fed’s Beige Book, ECB Move

Hong Kong stocks opened lower on Wednesday, with the benchmark Hang Seng Index down 1.43%, as investors braced for the release of the U.S. Federal Reserve's Beige Book (a commentary on economic conditions) due later today and the European Central Bank's policy decision on Thursday.

BABA

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Jake Paul Launches Betr App, Potentially Making Him (And You) Richer

Jake Paul, former Walt Disney actor and current YouTube star-turned-boxer, has launched micro-betting sports platform Betr alongside Joey Levy, founder of Simplebet, after rasing $30 million in a Series A funding round with investments from rapper Travis Scott andpro football players Ezekiel Elli

HOFV