Hong Kong stocks up 2% as tech stocks rise;  China's activity data disappoints

Hong Kong stocks up 2% as tech stocks rise; China’s activity data disappoints

Hong Kong-listed Chinese tech stocks jump in early trading Hong Kong-listed shares of Chinese tech companies rose significantly in the first hour of trading. Tencent increased by 7.6%, Meituan gained 5.9%, and Ali Baba increased by 9%. The Hang Seng Tech index rose around 4%. The moves come despite disappointing data on Chinese retail activity …

Hong Kong stocks up 2% as tech stocks rise; China’s activity data disappoints Read More »