Hong Kong stocks are enjoying a massive liquidity injection from mainland funds as tech leaders like Tencent, Meituan and other stocks sanctioned by the US attract buying support. Photo: EPA-EFE
Hong Kong stocks are enjoying a massive liquidity injection from mainland funds as tech leaders like Tencent, Meituan and other stocks sanctioned by the US attract buying support. Photo: EPA-EFE
Business /  Markets

Tencent, Alibaba power Hang Seng Index rally as mainland funds pile in and investors look to Kuaishou IPO windfall

  • Hang Seng Index recouped most of the 1,164-point slide last week, as quarterly earnings roll in
  • Investors turned bullish again on markets as Kuaishou Technology prepares for its debut later this week with an expected windfall for buyers

Iris Ouyang
Iris Ouyang

Updated: 5:51pm, 2 Feb, 2021

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Hong Kong stocks are enjoying a massive liquidity injection from mainland funds as tech leaders like Tencent, Meituan and other stocks sanctioned by the US attract buying support. Photo: EPA-EFE
Hong Kong stocks are enjoying a massive liquidity injection from mainland funds as tech leaders like Tencent, Meituan and other stocks sanctioned by the US attract buying support. Photo: EPA-EFE
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