An electronic board showing the Hang Seng Index near the Exchange Square in Central, Hong Kong in December 2020. Photo: AP
An electronic board showing the Hang Seng Index near the Exchange Square in Central, Hong Kong in December 2020. Photo: AP

Hong Kong stocks approach six-week high on Alibaba tailwind while Chinese coal producers slump

  • Hang Seng Index closed near a six-week high on speculation tech crackdown is softening as Jack Ma made his first overseas trip in more than a year
  • Coal producers slumped after an overnight plunge in futures contracts, as China considers intervening to stem runaway prices

Topic |   Hong Kong stock market
An electronic board showing the Hang Seng Index near the Exchange Square in Central, Hong Kong in December 2020. Photo: AP
An electronic board showing the Hang Seng Index near the Exchange Square in Central, Hong Kong in December 2020. Photo: AP
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