A woman walks past a bank's electronic board showing the Hang Seng Index on October 25. Photo: AP
A woman walks past a bank's electronic board showing the Hang Seng Index on October 25. Photo: AP

Hong Kong stocks slide on Alibaba Health’s profit warning while Chinese developers tumble amid debt default concerns

  • Alibaba Health likely swung to a net loss in the first-half to September, while BYD advanced on approval for a plan to spin off chipmaking unit
  • Developers continued to drag the market on concerns about debt default after Modern Land (China) reneged on a dollar bond repayment

Topic |   Hong Kong stock market
A woman walks past a bank's electronic board showing the Hang Seng Index on October 25. Photo: AP
A woman walks past a bank's electronic board showing the Hang Seng Index on October 25. Photo: AP
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