A man walks in front of the screen showing stock exchange and economic data in Shanghai, in October 2021. Photo: EPA-EFE
A man walks in front of the screen showing stock exchange and economic data in Shanghai, in October 2021. Photo: EPA-EFE
Business /  China Business

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

Zhang Shidong
Zhang Shidong in Shanghai

Updated: 4:47pm, 2 Jun, 2022

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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
A man walks in front of the screen showing stock exchange and economic data in Shanghai, in October 2021. Photo: EPA-EFE
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