A man stands in front of a screen showing the latest economy and stock exchange updates in Shanghai on June 23, 2022. Photo: EPA-EFE
Hong Kong stocks fall as recession worries overshadow China’s zero-Covid easing steps while Nio slumps on short-seller attack
- Hang Seng Index retreated in tandem with losses in US and regional peers on macroeconomic worries
- Electric-car maker Nio led a decline among automotive stocks following an accusation by a short-seller that it ‘inflated’ revenue figures
A man stands in front of a screen showing the latest economy and stock exchange updates in Shanghai on June 23, 2022. Photo: EPA-EFE