Hong Kong stocks sank on Friday morning, reversing two days of gains. Photo: AP
Tech stocks from Meituan to Alibaba lead losses in Hong Kong as Chinese ride-hailing giant Didi prepares for US delisting
- Losses were exacerbated by US regulators finalising plans for a new law that could see Chinese companies booted off American bourses
- The Hang Seng Index retreated on Friday, reversing two days of gains and putting it on track for a weekly loss
Hong Kong stocks sank on Friday morning, reversing two days of gains. Photo: AP