A man wearing walks by a bull sculpture in Beijing in March last year. In Hong Kong, tech stocks faltered on February 4 to end a three-day advance in the Hang Seng Index. Photo: EPA-EFE A man wearing walks by a bull sculpture in Beijing in March last year. In Hong Kong, tech stocks faltered on February 4 to end a three-day advance in the Hang Seng Index. Photo: EPA-EFE
A man wearing walks by a bull sculpture in Beijing in March last year. In Hong Kong, tech stocks faltered on February 4 to end a three-day advance in the Hang Seng Index. Photo: EPA-EFE
Stocks
Business /  Markets

Hong Kong stocks snap three-day rally as tech leaders slide while Alibaba, oil winners offer bright spots

  • Xiaomi, Sunny Optical, Meituan were among loss leaders after mainland fund inflows weakened on Wednesday while trading volume shrank
  • Alibaba and oil companies offered some bright spots while market prepares for Kuaishou debut on Friday

Topic |   Stocks
Iris Ouyang
Iris Ouyang

Updated: 5:10pm, 4 Feb, 2021

Why you can trust SCMP
A man wearing walks by a bull sculpture in Beijing in March last year. In Hong Kong, tech stocks faltered on February 4 to end a three-day advance in the Hang Seng Index. Photo: EPA-EFE A man wearing walks by a bull sculpture in Beijing in March last year. In Hong Kong, tech stocks faltered on February 4 to end a three-day advance in the Hang Seng Index. Photo: EPA-EFE
A man wearing walks by a bull sculpture in Beijing in March last year. In Hong Kong, tech stocks faltered on February 4 to end a three-day advance in the Hang Seng Index. Photo: EPA-EFE
READ FULL ARTICLE