The Mainland's data tax on ATMs fell 3%-Hong Kong Economic Journal website hkej.com

Rumors from the Mainland that a "data tax" may be imposed have shaken up the leading stocks of the heavyweight technology network. Alibaba (09988), Tencent (00700) and Meituan (03690), collectively known as "ATM", lost nearly 268.4 billion yuan in market value in a single day yesterday, pulling the market down by 180 points in total. The Hang Seng Index finally closed at 24651 points, a drop of 299 points throughout the day; and recorded a five-day losing streak, losing 1062 points (4.13%), which was the lowest level in more than a month. Ali's hacked target price sees a new low…