Tech stocks from Meituan to Alibaba lead losses in Hong Kong as Chinese ride-hailing giant Didi prepares for US delisting

Source: Tech – South China Morning PostHong Kong stocks fell on Friday morning as concerns about Chinese companies being kicked off American stock exchanges delivered a punch to technology giants, compounded by Didi Global’s move to delist from New York.The Hang Seng Index retreated 0.7 per cent to 23,612.43 at noon local time, reversing two days of gains and putting it on track for a weekly loss of 0.9 per cent. The setback stemmed from the Hang Seng Tech Index sliding 2.3 per cent to close to a record low. China’s Shanghai…Read More

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