An electric signboard shows the Hang Seng Index outside a brokerage in Mong Kok, Hong Kong. Antitrust concerns have erased US$254 billion from the shares of Alibaba, Tencent and Meituan in two days. Photo: Sam Tsang
Hong Kong stocks slide as losses in Chinese technology trio snowball to US$254 billion in two days on antitrust concerns
- Hang Seng Index slipped from four-month high as technology stocks extended losses amid concerns about China’s antitrust law
- Shanghai Composite Index declined for second day; chip processing firm Guangdong Leadyo surged almost 300 per cent on debut
An electric signboard shows the Hang Seng Index outside a brokerage in Mong Kok, Hong Kong. Antitrust concerns have erased US$254 billion from the shares of Alibaba, Tencent and Meituan in two days. Photo: Sam Tsang
