Media reports that Chinese regulators had asked ride-hailing giant Didi Global to delist its shares trading in the US have added to an already bearish mood as far as Chinese technology stocks are concerned. Photo: AFP
Media reports that Chinese regulators had asked ride-hailing giant Didi Global to delist its shares trading in the US have added to an already bearish mood as far as Chinese technology stocks are concerned. Photo: AFP

Hong Kong stocks fall most in two months amid concerns about China tech giants Meituan and Didi, new coronavirus variant

  • Hang Seng Index caps steepest loss since September 20, ahead of Meituan’s earnings and on media reports about Didi’s possible US delisting
  • Meituan’s third-quarter loss may have widened to 7.04 billion yuan (US$1.1 billion), according to a consensus estimate

Media reports that Chinese regulators had asked ride-hailing giant Didi Global to delist its shares trading in the US have added to an already bearish mood as far as Chinese technology stocks are concerned. Photo: AFP
Media reports that Chinese regulators had asked ride-hailing giant Didi Global to delist its shares trading in the US have added to an already bearish mood as far as Chinese technology stocks are concerned. Photo: AFP
READ FULL ARTICLE