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