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
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

Topic |   Stocks
Zhang Shidong
Zhang Shidong in Shanghai

Updated: 5:13pm, 18 Mar, 2021

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