Rout in Chinese Internet Stocks Rolls On in Hong Kong

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Hang Seng Tech Index slides to a low as U.S. delisting and Beijing’s regulatory crackdowns weigh on sector

Chinese internet stocks fell in Hong Kong on Monday following a selloff in comparable American depositary receipts late last week, as the fear of more U.S. delistings led many investors to re-evaluate the risks of an already battered technology sector.

The Hang Seng Tech Index, which tracks the 30 largest technology companies listed in the city, slid 3.3% to its lowest level, after Alibaba Group Holding Ltd. , JD.com Inc. and other internet stocks logged sizable declines. The benchmark, whichTo Read the Full Story

 

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System so rigged they back out of your market due to some transpency and proof of value Weird from the knock off kings

Yes, this is WSJ. It never report the positives in HK.

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Please apologize to the Chinese government. Your previous report violated China’s election law in China Hong Kong. Our officials have written to you. Kneel down!🇨🇳🇨🇳

GREAT.

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