Live Breaking News & Updates on Shiji Hongfan Asset Management Co

Stay updated with breaking news from Shiji hongfan asset management co. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Beijing Pressures Didi out of Wall Street, Other Security Sensitive Chinese Companies May Follow

News Analysis China’s online ride-hailing giant Didi Chuxing (Didi) announced on Dec. 2 it was delisting from the . ....

New York , United States , United Kingdom , Hong Kong , New York Stock Exchange , Aaron Costello , Spencer Platt Getty , Gary Gensler , Wang Xianbin , Zhang Chengyu , York Stock Exchange , Shiji Hongfan Asset Management Co , National Data Security Law , Asia At Cambridge Associates , Chinese Communist Party , Exchange Commission , People Daily , South China Morning Post , Holding Foreign Companies Accountable , Didi Chuxing , Holding Foreign Companies Accountable Act , Donald Trump , Times Photo , Getty Images , Wall Street , South China Morning ,

Hong Kong stocks fall on anti-trust worries, tech selloff; China slips

HK->Shanghai Connect daily quota used -5.4%, Shanghai->HK daily quota used 4.7%
FTSE China A50 +0.3%
SHANGHAI, May 11 (Reuters) - Hong Kong stocks fell sharply on Tuesday, tracking an overnight tech selloff on the Wall Street, while persistent anti-monopoly fears also weighed on tech giants listed in the Asian financial hub.
The Hang Seng index dropped 2.2% to 27,982.21, while the Hong Kong China Enterprises Index lost 2.4%, to 10,398.45.
Leading the retreat, the Hang Seng tech index slumped as much as 4.5% to a six-month low, dropping more than 30% from a record high hit on Feb 18.
Tech giants Tencent and Alibaba slipped 2.9% and 3.5%, respectively.
The retreat came after China’s State Administration for Market Regulation said on Friday that it would continue to promote rectification of platform companies. ....

Zhong Long , Hong Kong , Luoyan Liu , Zhang Chengyu , Samuel Shen , Andrew Galbraith , Thomson Reuters Trust Principles , Shiji Hongfan Asset Management Co , Hong Kong China Enterprises Index , China State Administration For Market Regulation , Shanghai Connect , Wall Street , Hang Seng , State Administration , Market Regulation , For Alibaba , Shanghai Composite Index , Rashmi Aich , Thomson Reuters Trust , ஹாங் காங் , சாமுவேல் ஷென் , ஆண்ட்ரூ கல்பிரைத் , தாம்சன் ராய்ட்டர்ஸ் நம்பிக்கை ப்ரிந்ஸிபல்ஸ் , ஹாங் காங் சீனா நிறுவனங்கள் குறியீட்டு , ஷாங்காய் இணைக்கவும் , சுவர் தெரு ,