The bull sculpture outside the local stock exchange near Exchange Square in Central. Hong Kong. Photo: David Wong
The bull sculpture outside the local stock exchange near Exchange Square in Central. Hong Kong. Photo: David Wong

Hong Kong stocks retreat from one-month high as UBS warns of earnings risks, Alibaba suffers price-target cuts

  • Alibaba fell amid concerns about its media investments after CEO Zhang stepped down from Weibo’s board
  • UBS analyst warned of threats to earnings from slower China growth, weak consumption and likely tough regulatory pressures in 2022

Topic |   China stock market
The bull sculpture outside the local stock exchange near Exchange Square in Central. Hong Kong. Photo: David Wong
The bull sculpture outside the local stock exchange near Exchange Square in Central. Hong Kong. Photo: David Wong
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