Hong Kong stocks drop before China data dump while Alibaba, Tencent shine


Source: scmp.com scmp.com

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Stock traders await China data dump with consensus forecasts signalling a slowdown in economic activity in the second quarter. Photo: AP Hong Kong stocks fluctuate before China’s economic data dump as Alibaba, Tencent advance and BYD slides - Government reports today to signal a slowdown in economic activity last quarter as factory output, retail sales cooled - BYD slides after major shareholder Himalaya Capital cut its stake in Chinese carmaker again Stock traders await China data dump with consensus forecasts signalling a slowdown in economic activity in the second quarter. Photo: AP