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    Asian stocks retreat ahead of the Breferendum

    Japanese shares lost ground on Wednesday, bucking gains in most other Asia markets as investors counted down to the upcoming British vote to decide whether to remain in the European Union. The benchmark Nikkei 225 was down 0.7 percent, with stocks under pressure from a relatively stronger yen.

    In Hong Kong, the Hang Seng index was down 0.27 percent. Chinese mainland markets traded higher, with the Shanghai composite up 0.29 percent and the Shenzhen composite adding 0.31 percent.

    Britons will head to the polls on Thursday, June 23, to determine the future of the U.K. within the 28-member trade bloc. A telephone poll conducted by Survation for IG on Monday showed support for the remain and leave camps were neck-and-neck, compared with a series of weekend polls that suggested momentum tilted in favor of the remain campaign.

    Any person acting on this information does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it.


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