A man looks at electronic billboards displaying the Hang Seng Index figure in Hong Kong on August 29. Photo:  EPA-EFE
A man looks at electronic billboards displaying the Hang Seng Index figure in Hong Kong on August 29. Photo: EPA-EFE

Alibaba, Geely drag Hang Seng to March low on China lockdown concerns, BYD slumps after Berkshire sells again

  • A lockdown in Chengdu was extended to control an outbreak while a surge in mass testing of residents crashed the electronic system
  • Berkshire sold 1.716 million BYD shares on September 1 for about HK$451 million on average, to follow after an August 24 sale: filings

A man looks at electronic billboards displaying the Hang Seng Index figure in Hong Kong on August 29. Photo:  EPA-EFE
A man looks at electronic billboards displaying the Hang Seng Index figure in Hong Kong on August 29. Photo: EPA-EFE
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