A woman walks past a bank’s electronic board showing the Hang Seng Index on July 19. Photo: AP
A woman walks past a bank’s electronic board showing the Hang Seng Index on July 19. Photo: AP

Hong Kong stocks slip as Alibaba, Tencent and Anta lead losses amid new China lockdowns, Fed tightening focus

  • Alibaba and Tencent retreated by more than 2 per cent after Hainan locked down Sanya resort city, while China Tourism group slid in Shanghai
  • A stronger than expected US job report for July kept appetite in rein amid concerns about Fed tightening bias

A woman walks past a bank’s electronic board showing the Hang Seng Index on July 19. Photo: AP
A woman walks past a bank’s electronic board showing the Hang Seng Index on July 19. Photo: AP
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