People walk past electronic tape displaying stock prices at the Exchange Square in Central, Hong Kong in October 2021. Photo: Sam Tsang
Hong Kong stocks end four-day slide as developers rally on China rate-cut hopes, tech recovers from record low
- Hang Seng Tech Index rebounded from the lowest since its July 2020 inception as WuXi Biologics unveiled a US$500 million stock buy-back plan
- Chinese developers rallied on speculation authorities will ease funding access to alleviate a liquidity crunch and counter a slide in home prices
People walk past electronic tape displaying stock prices at the Exchange Square in Central, Hong Kong in October 2021. Photo: Sam Tsang
