A screen displays the Shenzhen Stock Exchange and the Hang Seng Index figures in Shanghai in February 2022. Photo: Bloomberg
A screen displays the Shenzhen Stock Exchange and the Hang Seng Index figures in Shanghai in February 2022. Photo: Bloomberg

Hong Kong stocks surrender gains as Chinese developers slide and tech rally falters amid earnings caution

  • Losses in property stocks overcame a rally in Chinese tech stocks as Moody’s says policy support won’t be enough to turn the tide
  • Goldman Sachs predicts MSCI China Index will climb 16 per cent in 2023, being the only major economy offering ‘GDP growth delta’

A screen displays the Shenzhen Stock Exchange and the Hang Seng Index figures in Shanghai in February 2022. Photo: Bloomberg
A screen displays the Shenzhen Stock Exchange and the Hang Seng Index figures in Shanghai in February 2022. Photo: Bloomberg
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