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Stock Exchange: Hong Kong opens -1.30%, Evergrande and Alibaba crash

2021-12-06T03:10:20.541Z


The Hong Kong stock exchange opens the week with a sharp correction on fears of a rate hike in the US and the Beijing squeeze on the hi-tech and real estate sectors: the Hang Seng index marks a decline of 1.30% in the very first stages , at 23,458.02 points. (HANDLE)


(ANSA) - BEIJING, DECEMBER 06 - The Hong Kong stock exchange opens the week with a sharp correction on fears of a rise in US tax rates and the Beijing squeeze on hi-tech and real estate sectors: the Hang Seng index marks a decline in 1.30%, at 23,458.02 points.


    Alibaba (-7.71%) announced the reorganization of e-commerce on the international and domestic fronts, and the appointment of a new CFO.

Evergrande (-7.1%) reported Friday that there was no guarantee on sufficient funds to repay its debts, asking the Guangdong government to send a working group to oversee risk management.

(HANDLE).


Source: ansa

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