The Bund Bull statue in Shanghai on January 4. Photo: loomberg
The Bund Bull statue in Shanghai on January 4. Photo: loomberg

Hong Kong stocks rally as buyers pile into Alibaba, JD.com after US$97 billion tech rout while China pledges to temper wild swings

  • Stocks advanced, capping weekly gain, as traders scooped up bargains among beaten down Chinese tech companies like Alibaba, Tencent and JD.com
  • Hang Seng Index members have been trading below their book value for 20 straight days

Topic |   China stock market
The Bund Bull statue in Shanghai on January 4. Photo: loomberg
The Bund Bull statue in Shanghai on January 4. Photo: loomberg
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