People walk past electronic tape displaying stock prices at the Exchange Square in Central, Hong Kong in October 2021. Photo: Sam Tsang
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

Topic |   China stock market
People walk past electronic tape displaying stock prices at the Exchange Square in Central, Hong Kong in October 2021. Photo: Sam Tsang
People walk past electronic tape displaying stock prices at the Exchange Square in Central, Hong Kong in October 2021. Photo: Sam Tsang
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