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China A-shares Mixed; Uber to Cut 10% Staff

Shanghai Composite rose 0.43% by midday, led by cultivated diamond and shipping stocks. Hang Seng was flat, Hang Seng Tech fell 0.6%, Hang Seng Biotech gained nearly 1%. China’s August RatingDog services PMI rose to 51.4, with employment growing for four straight months. Uber plans to cut about 10% of global staff.

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