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HKEX$$rose 4% in wednesday morning trading.Hong Kong stock exchange is set to shorten the time for an initial public offering from pricing to listing to two days from the current five by the fourth quarter next year at the earliest, aligning its market more with other financial hubs.Through a digital platform known as “FINI,” brokers, underwriters and regulators and other involved parties will be able to monitor and coordinate work flow of the whole process through to the start of trading, accor

Microsoft exceeded analysts’ estimates on the top and bottom lines, as well as revenue guidance.Windows revenue growth from device makers was higher than the company had predicted.Azure cloud revenue growth was flat from the prior quarter.Microsoft shares moved 2.6% lower in extended trading Tuesday after the software maker announced fiscal third-quarter earnings and quarterly revenue guidance that came in stronger than analysts had expected. The company’s operating margin narrowed somewhat as c