News Snapshot:
Hong Kong stocks fluctuated near a six-week high as investors looked for policy easing signals from Beijing amid a slowdown in the economy and worsening liquidity crunch in its property sector. The Hang Seng Index rose less than 0.1 per cent at 26,154.80 as of 10.30am local time. The Shanghai Composite Index climbed 0.3 per cent to 3,596.32. The benchmark tech index slipped from a five-week high as traders deemed this week’s rally as excessive. Alibaba, the owner of this newspaper, fell 1 per cent to HK$174. The stock surged 6.7 per cent on Wednesday on speculation its ties with...
