A pedestrian wearing a protective mask reflected on an electronic stock board outside a securities firm in Tokyo. Photo: Bloomberg
A pedestrian wearing a protective mask reflected on an electronic stock board outside a securities firm in Tokyo. Photo: Bloomberg
Stocks
Business /  China Business

Alibaba, Meituan sustain Hong Kong stock rebound as Fed buoys markets with dovish stance through 2023

  • Hang Seng Index jumped 1.3 per cent with Alibaba, Sunny Optical, Meituan pacing the rally in technology stocks
  • The Federal Reserve signalled rates would remain near zero through 2023 after its rate meeting, saying the rise in bond yields was not disorderly

Zhang Shidong
Zhang Shidong in Shanghai

Updated: 5:13pm, 18 Mar, 2021

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A pedestrian wearing a protective mask reflected on an electronic stock board outside a securities firm in Tokyo. Photo: Bloomberg
A pedestrian wearing a protective mask reflected on an electronic stock board outside a securities firm in Tokyo. Photo: Bloomberg
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