Tech stocks in Hong Kong gave up all of Monday’s rally while the city braces for the approaching typhoon Kompasu. Photo: Felix Wong
Tech stocks in Hong Kong gave up all of Monday’s rally while the city braces for the approaching typhoon Kompasu. Photo: Felix Wong

Hong Kong stocks slip from four-week high as Alibaba paces tech slump and energy crunch seen derailing economic recovery

  • Tech stocks retreated as Alibaba surrendered some of its 24 per cent rebound from October low
  • Higher energy and metal prices seen hitting power producers and manufacturers, dimming economic recovery outlook

Tech stocks in Hong Kong gave up all of Monday’s rally while the city braces for the approaching typhoon Kompasu. Photo: Felix Wong
Tech stocks in Hong Kong gave up all of Monday’s rally while the city braces for the approaching typhoon Kompasu. Photo: Felix Wong
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