Regulatory concerns are afflicting Hong Kong stocks again after a news report about a possible break-up in Ant Group’s businesses. Photo: Shutterstock
Regulatory concerns are afflicting Hong Kong stocks again after a news report about a possible break-up in Ant Group’s businesses. Photo: Shutterstock
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Alibaba, Meituan dent Hong Kong stocks after report on Ant Group break-up reignites regulatory worries

  • Hang Seng Index dropped 1.5 per cent on Monday as regulatory concerns hit a notch higher and casino stocks slipped amid new Covid-19 cases in China
  • Alibaba, Meituan and Tencent led losses after the Financial Times said Chinese regulators are seeking to break up Alipay and its lending business

Regulatory concerns are afflicting Hong Kong stocks again after a news report about a possible break-up in Ant Group’s businesses. Photo: Shutterstock
Regulatory concerns are afflicting Hong Kong stocks again after a news report about a possible break-up in Ant Group’s businesses. Photo: Shutterstock
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