Alibaba-HKEx Talks Break Down, Huishan Dairy IPO

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Sept. 27 (Bloomberg) -- Francis Lun, chief economist at GE Oriental Financial Group, talks about the breakdown in negotiations between Hong Kong Exchanges & Clearing Ltd. and Alibaba Group Holding Ltd. for an initial public offering. He also discusses the IPO of China Huishan Dairy Holdings Co., the milk producer backed by billionaire Cheng Yu-tung. He speaks with Susan Li on Bloomberg Television's "First Up." (Source: Bloomberg)

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