View of the Exchange Square in Central, home to the Hong Kong. stock exchange. Photo: K.Y. Cheng
View of the Exchange Square in Central, home to the Hong Kong. stock exchange. Photo: K.Y. Cheng

Hong Kong stocks retreat before Alibaba, Chinese tech peers release earnings while oil, casino firms add to gloom

  • Alibaba and Baidu are seen reporting a 17 per cent and 82 per cent slide in quarterly earnings, based on consensus estimates
  • Oil stocks weakened on supply concerns while uncertainty on gambling concessions unnerved Macau casino shares

View of the Exchange Square in Central, home to the Hong Kong. stock exchange. Photo: K.Y. Cheng
View of the Exchange Square in Central, home to the Hong Kong. stock exchange. Photo: K.Y. Cheng
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