Chinese technology stocks rallied in Hong Kong on Monday as bargain hunters pounced in the wake of the sector’s worst rout in months.
The Hang Seng Tech Index climbed as much as 4.5%, the biggest jump since July, following a near 11% slump last week. The gauge had dropped for five straight weeks in its biggest such losing streak since Jan. 2019. It had closed at its lowest since July 2020 inception on Friday.
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August 23, 2021 at 10:14AM
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China Tech Shares Stage Rebound After Five-Week Selloff - Bloomberg
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