Chinese telecom giants surged after the NYSE scrapped its decision to delist their ADRs four days after announcing the move. Photo: AP
Chinese telecom giants surged after the NYSE scrapped its decision to delist their ADRs four days after announcing the move. Photo: AP
Business /  Markets

Hong Kong stocks extend New Year run as Chinese telecom giants surge, WuXi Biologics slides on insider selling

  • The Hang Seng Index rose 0.6 per cent, reversing from a 1.2 per cent loss, while the Shanghai Composite gained 0.7 per cent
  • China’s three telecom giants surge after NYSE scrapped its delisting plan; WuXi chairman trims stake for a second time in four months

Martin Choi
Martin Choi

Updated: 5:19pm, 5 Jan, 2021

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Chinese telecom giants surged after the NYSE scrapped its decision to delist their ADRs four days after announcing the move. Photo: AP
Chinese telecom giants surged after the NYSE scrapped its decision to delist their ADRs four days after announcing the move. Photo: AP
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