A commuter wearing a protective mask stands in line at a bus stop in Hong Kong. Stocks are getting a jab of optimism as Pfizer unveils promising Covid-19 trial results. Photo: Bloomberg
Hong Kong stocks jump as vaccine results spur end-of-pandemic trades, Meituan and Alibaba slide on antitrust draft
- Hang Seng Index rose 1.1 per cent to approach the previous peak on July 6 on Covid-19 vaccine hopes
- Fosun Pharmaceutical, which co-developed the Pfizer-BioNTech vaccine candidate, rallied while tech stocks plunged on China’s new antitrust draft
A commuter wearing a protective mask stands in line at a bus stop in Hong Kong. Stocks are getting a jab of optimism as Pfizer unveils promising Covid-19 trial results. Photo: Bloomberg
