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The Hang Seng Index rose as much 1.7%.
By Jeanny Yu, Bloomberg
4 Aug 2021 09:39
Image: Paul Yeung/Bloomberg
The return of Chinese investors and bargain hunters in tech stocks is giving Hong Kongâs equities market a reprieve from weeks of relentless selling.
The Hang Seng Index rose as much 1.7% Wednesday, led by rebound in technology giants including Tencent, after Chinese state media moderated its criticism of the sector. Anta Sports Products Ltd. surged 10% after Beijing unveiled a massive sports investment plan.
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