A man wearing a face mask walks past a bank's electronic board showing the Hong Kong share index on December 7. Photo: AP
A man wearing a face mask walks past a bank's electronic board showing the Hong Kong share index on December 7. Photo: AP
A-shares
Business /  Markets

Tech rally loses steam as Alibaba retreats while Twitter-like Weibo flops on Hong Kong trading debut

  • Alibaba slipped 4.7 per cent as traders booked in profits from Tuesday’s record 12 per cent rally
  • Weibo, China’s Twitter-like social media platform, slumped 7.2 per cent on first day of trading in Hong Kong after raising US$193 million from its stock offering

Topic |   A-shares
Zhang Shidong
Zhang Shidong in Shanghai

Updated: 5:23pm, 8 Dec, 2021

Why you can trust SCMP
A man wearing a face mask walks past a bank's electronic board showing the Hong Kong share index on December 7. Photo: AP
A man wearing a face mask walks past a bank's electronic board showing the Hong Kong share index on December 7. Photo: AP
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