Local stocks rebounded from their worst week in 17 months as traders picked up beaten-down tech stocks. Photo: Handout Local stocks rebounded from their worst week in 17 months as traders picked up beaten-down tech stocks. Photo: Handout
Local stocks rebounded from their worst week in 17 months as traders picked up beaten-down tech stocks. Photo: Handout
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Hong Kong stocks climb out of bear market as Tencent, Meituan power recovery amid oversold signals

  • Hang Seng Index closed 1.1 per cent higher as technical gauges signalled the market was oversold and poised to rebound
  • Tencent, Meituan and Alibaba Health recouped some of last week’s big losses

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Local stocks rebounded from their worst week in 17 months as traders picked up beaten-down tech stocks. Photo: Handout Local stocks rebounded from their worst week in 17 months as traders picked up beaten-down tech stocks. Photo: Handout
Local stocks rebounded from their worst week in 17 months as traders picked up beaten-down tech stocks. Photo: Handout
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