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Five Ways China s E-Commerce Landscape Is Changing | BoF Professional, China Decoded, News & Analysis

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HSI gives up early gains to close in the red

HSI gives up early gains to close in the red 2021-01-29 HKT 17:13 Share this story Despite Friday s losses, the Hang Seng Index had a good January, putting on nearly 4 percent. Image: Shutterstock Local shares failed to hold on to its strong start on Friday and finished the day in negative territory along with their peers in the region, as traders were gripped by a showdown between hedge funds and retail investors in the US as well as on-going concerns about the coronavirus pandemic. The Hang Seng Index began the last trading day of the month higher and put on more than 400 points before reversing course. It finished down 267 points, or nearly 1 percent, at 28,283.

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