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The Nikkei Stock Average opened lower, continuing its decline, as selling pressure increased following a downturn in U.S. stocks on September 1.

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The Nikkei average fell by approximately 430 points, continuing a weak trend following initial selling on September 1st during the morning session.

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Alibaba’s Breakout Earnings Power Hong Kong Stocks Higher

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The Hang Seng Index opened 1.7% higher, the Hang Seng Tech Index rose by 2.1%, and Hua Hong Semiconductor increased by 5%.

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