HK stocks cap winning week as China slowdown fuels policy easing bets while Alibaba, Haidilao disappoint


Source: intellasia.net intellasia.net

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[HK stocks cap winning week as China slowdown fuels policy easing bets while Alibaba, Haidilao disappoint] Hong Kong stocks rose for a fourth day in the longest winning streak in three weeks, on optimism Beijing will ease regulatory curbs to shore up growth. Several key reports on the Chinese economy next week are likely to add to signs of slowdown. The Hang Seng Index added 0.3 per cent to 25,327.97 at the close on Friday, bringing the advance this week to 1.8 per cent. The Hang Seng Tech Index rallied 1.6 per cent, while China’s Shanghai Composite Index added 0.2...