A screen displays stock index levels in Shanghai on August 18, 2021. Photo: Bloomberg
A screen displays stock index levels in Shanghai on August 18, 2021. Photo: Bloomberg

Hong Kong stocks erase losses on report China to ease financing curbs on developers despite inflation risks

  • Stocks erased losses sparked by a report showing producer prices in China surged at the fastest pace in 26 years while consumer inflation accelerated
  • Tencent advanced before a report showing earnings rose 3 per cent last quarter, while BYD led carmakers lower

A screen displays stock index levels in Shanghai on August 18, 2021. Photo: Bloomberg
A screen displays stock index levels in Shanghai on August 18, 2021. Photo: Bloomberg
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