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The Nexus
BUSINESSJul 29 · 00:00 UTCSCMP WORLDZhang Shidong

Hong Kong stocks hunker down for a day packed with Fed decision, jumbo IPO debut

Hong Kong stocks face a pivotal day as the US Federal Reserve's rate decision and the city's largest IPO in seven years coincide, potentially testing investors' risk appetite. A surprise rate hike or hawkish stance from new Fed chairman Kevin Warsh could disrupt a fragile rebound in Hong Kong stocks.

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