Bronze sculptures of bulls outside the Exchange Square in Central, Hong Kong. Photo: Warton Li
Bronze sculptures of bulls outside the Exchange Square in Central, Hong Kong. Photo: Warton Li

Hong Kong stocks hit four-week high as Alibaba, Meituan soar on bets antitrust crackdown against Big Tech is ending

  • Meituan’s US$533 million fine is seen as a relief by market participants against expectations for a billion-dollar penalty
  • Hang Seng Index reached the highest level since September 14, recouping some of the US$1 trillion sell-off since the end of May

Topic |   Hong Kong stock market
Bronze sculptures of bulls outside the Exchange Square in Central, Hong Kong. Photo: Warton Li
Bronze sculptures of bulls outside the Exchange Square in Central, Hong Kong. Photo: Warton Li
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