People wearing protective masks line up outside a fever clinic of a hospital, as Covid-19 outbreaks continue in Shanghai and across the country. Photo: Reuters
People wearing protective masks line up outside a fever clinic of a hospital, as Covid-19 outbreaks continue in Shanghai and across the country. Photo: Reuters

Hong Kong stocks drop to trim weekly gain as surging Covid-19 cases cloud China’s growth outlook

  • Tech majors JD.com, NetEase and Alibaba weighed on the Hang Seng Tech Index
  • Resilient US economic data stoked fears that the Federal Reserve will continue to raise interest rates to curb inflation

People wearing protective masks line up outside a fever clinic of a hospital, as Covid-19 outbreaks continue in Shanghai and across the country. Photo: Reuters
People wearing protective masks line up outside a fever clinic of a hospital, as Covid-19 outbreaks continue in Shanghai and across the country. Photo: Reuters
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