An elderly looks at the electronic screen displaying stock prices outside a bank in Hong Kong. Photo: Winson Wong
An elderly looks at the electronic screen displaying stock prices outside a bank in Hong Kong. Photo: Winson Wong

Hong Kong stocks advance as developers, carmakers get China boost while Alibaba, Baidu slip on tech earnings outlook

  • Hang Seng snapped a two-day slide in a volatile trading day even as concerns about tech earnings hit Alibaba, Baidu
  • HSBC, Kuaishou, property developers and carmakers chalked up gains as China asked lenders to speed up loans for troubled industries

An elderly looks at the electronic screen displaying stock prices outside a bank in Hong Kong. Photo: Winson Wong
An elderly looks at the electronic screen displaying stock prices outside a bank in Hong Kong. Photo: Winson Wong
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