Pedestrians walk past a statue of a bull in Beijing. Alibaba recouped earlier slump to help the Hang Seng Index to a third day of gains on February 3, 2021. Photo: AP Pedestrians walk past a statue of a bull in Beijing. Alibaba recouped earlier slump to help the Hang Seng Index to a third day of gains on February 3, 2021. Photo: AP
Pedestrians walk past a statue of a bull in Beijing. Alibaba recouped earlier slump to help the Hang Seng Index to a third day of gains on February 3, 2021. Photo: AP
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Business /  Markets

Hang Seng Index rebounds as Meituan, Tencent extend winning run, investors shrug off Alibaba concerns

  • Hang Seng Index edged up 0.2 per cent to hand the market a three-day rally this week
  • WuXi Biologics slipped after company unveiled a plan to raise HK$13.2 billion (US$1.69 billion) from a stock placement at a discount

Topic |   Stocks
Iris Ouyang
Iris Ouyang

Updated: 5:42pm, 3 Feb, 2021

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Pedestrians walk past a statue of a bull in Beijing. Alibaba recouped earlier slump to help the Hang Seng Index to a third day of gains on February 3, 2021. Photo: AP Pedestrians walk past a statue of a bull in Beijing. Alibaba recouped earlier slump to help the Hang Seng Index to a third day of gains on February 3, 2021. Photo: AP
Pedestrians walk past a statue of a bull in Beijing. Alibaba recouped earlier slump to help the Hang Seng Index to a third day of gains on February 3, 2021. Photo: AP
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