An electronic board showing the Hong Kong share index on Friday, December 18, 2020. Tech stocks provided the biggest swings in recent trading amid regulatory actions. Photo: AP
Hong Kong stocks jump as Alibaba, Meituan rebound from biggest tech sell-off in seven weeks
- The Hang Seng Index rose by almost 1 per cent as investors bought the dip after the biggest sell-off in technology giants since mid-November
- Asian stocks rallied as Nikkei 225 reached a 29-year high, boosted by approval to US$2.3 trillion stimulus package in the US
An electronic board showing the Hong Kong share index on Friday, December 18, 2020. Tech stocks provided the biggest swings in recent trading amid regulatory actions. Photo: AP
