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 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
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
Stocks

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

Topic |   Stocks
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 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
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
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