A bull sculpture is displayed outside Exchange Square, home of the Hong Kong Stock Exchange, on January 8, 2021. Photo: SCMP / Dickson Lee
Hong Kong stocks see sharpest drop in a month amid Shanghai, Macau Covid-19 flare-ups, fines on Alibaba, Tencent, Bilibili
- With key economic data due this week, new Covid-19 cases in Shanghai and Macau stoked fears that new restrictions could dampen growth
- Tech giants slipped after China’s antitrust watchdog fined Alibaba, Tencent and Bilibili for failing to comply with anti-monopoly rules
A bull sculpture is displayed outside Exchange Square, home of the Hong Kong Stock Exchange, on January 8, 2021. Photo: SCMP / Dickson Lee