A man walks in front of the screen showing stock exchange and economic data in Shanghai, in October 2021. Photo: EPA-EFE
Hong Kong stocks fall most in a week as Meituan slides before earnings report while new data underpins Fed tightening bias
- Meituan is set to report a wider net loss as crackdown and lockdown likely eroded earnings power last quarter, analysts forecast
- Strong US manufacturing data and job openings heightened concerns about the Federal Reserve’s super hawkish policy
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A man walks in front of the screen showing stock exchange and economic data in Shanghai, in October 2021. Photo: EPA-EFE