Hong Kong stocks closed higher despite a setback to index heavyweight Alibaba. Photo: AP Photo
Hong Kong stocks closed higher despite a setback to index heavyweight Alibaba. Photo: AP Photo
Business /  Markets

Hong Kong stocks end higher on Christmas Eve amid hopes of an imminent Brexit deal, brush aside Alibaba slump

  • Alibaba tumbled by as much as 9 per cent, erasing US$56 billion in market cap
  • UK and EU are expected to announce a trade deal as early as Thursday

Zhang Shidong
Zhang Shidong in Shanghai

Updated: 9:18pm, 24 Dec, 2020

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Hong Kong stocks closed higher despite a setback to index heavyweight Alibaba. Photo: AP Photo
Hong Kong stocks closed higher despite a setback to index heavyweight Alibaba. Photo: AP Photo
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