A stock trader looking at the market prices at a brokerage in Central Hong Kong. Photo: SCMP
Hong Kong stocks suffer another sell-off as Alibaba drags Chinese tech lower while Omicron, Evergrande stoke risk aversion
- Alibaba slid amid a management reshuffle as Chinese tech benchmarks in the US and Hong Kong have lost US$124 billion of value since Didi’s US delisting move
- The Omicron variant spread in the region while Evergrande plunged 20 per cent as its failure to meet a US$260 million debt guarantee stoked risk aversion
A stock trader looking at the market prices at a brokerage in Central Hong Kong. Photo: SCMP
