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Asia-Pacific stocks were lower in the main...>

STOCKS
STOCKS: Asia-Pacific stocks were lower in the main as traders awaited the result
of the US-China trade summit which got underway today. Japanese markets were
closed for a national holiday.
- The Hang Seng dived, losing 1.6%, with tech & property names falling. It is
also worth noting that Xiaomi have filed for the largest global IPO since 2014.
- On the mainland, China's CSI 300 shed 0.5%.
- Australia's ASX 200 bucked the trend, advancing 1.0% to record a 3-Month high.
Financials struck of a soft quarterly earnings release from CBA, with the IT
sector leading the way higher.
- US index futures were practically unchanged.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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