China's Exchanges Link, Alibaba's Singles & Yahoo's Bright Future

The much anticipated trading link between the Hong Kong and Shanghai stock exchanges will start on November 17. The connection, which will allow the equivalent of nearly $4 billion a day in cross-border transactions, was slated to start last month, but was delayed by pro-democracy protests. Meanwhile, Alibaba's Singles' Day sales broke the $9 billion mark Tuesday. The Asian e-commerce giant created the online shopping festival in 2009 as a response to romantic holidays like Valentine's Day. Finally, Yahoo said this week it is buying digital video advertising service BrightRoll for $640 million. This is Yahoo's first major purchase since pocketing $9.4 billion from the sale of some of its stake in Chinese e-commerce giant Alibaba.