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Hong Kong stocks rally as buyers pile into Alibaba, JD.com after US$97 billion tech rout while China pledges to temper wild swings
Hong Kong stocks rallied for a second day, trimming losses in the week, as traders continued to load up Chinese tech companies on valuation appeal. Chinese market regulator also pledged to prevent wild swings in prices.
Tencent, JD.com weigh on Hong Kong market as China finalises cybersecurity measures to tighten oversight of tech companies
Hong Kong stocks wavered as tech companies tumbled after Chinese regulatory authorities finalised cybersecurity review measures to tighten data oversight of its technology companies in offshore markets.
BEIJING: China’s tech giants rebounded yesterday, with thin liquidity exacerbating swings as some traders closed out short positions on the last day of the year.
BEIJING: China has unveiled sweeping regulations governing overseas share sales by the country’s firms, taking one of its biggest steps to tighten scrutiny on international debuts in the wake of Didi Global Inc’s controversial listing.
BEIJING (Bloomberg): China has unveiled sweeping regulations governing overseas share sales by the country’s firms, taking one of its biggest steps to tighten scrutiny on international debuts in the wake of Didi Global Inc’s controversial listing.
Tech stocks from Meituan to Alibaba lead losses in Hong Kong as Chinese ride-hailing giant Didi prepares for US delisting
Hong Kong stocks fell on Friday as concerns about Chinese companies being kicked off American stock exchanges delivered a punch to technology giants, compounded by Didi Global’s move to delist from New York.
China stocks edged up on Wednesday, as real estate and energy shares gained, while Hong Kong shares rebounded from a more than one-year low as bargain hunters bought the dips on tech and financials shares.
HONG KONG (AFP): Hong Kong led most Asian markets lower Wednesday (Oct 27) with tech firms in the firing line after China Telecom was banned from the United States, adding to already fraught tensions between the superpowers as concerns lingered about inflation.
Hong Kong stocks hit five-week high on Alibaba and tech rally, while banks advance on Wealth Connect push
Hong Kong stocks climbed to a five-week high, fuelled by gains in Alibaba Group Holding and tech peers while financial stocks advanced amid the launch of cross-border wealth management product operations.
Hong Kong stocks hit four-week high as Alibaba, Meituan soar on bets antitrust crackdown against Big Tech is ending
Hong Kong stocks rallied to near a four-week high as investors bet the worst is over on tech sector regulatory crackdown following the end of investigation into Meituan.