Asia-Pacific stocks fall as investors watch omicron Covid variant; oil prices rebound


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SINGAPORE — Shares in Asia-Pacific largely fell in Monday trade as investors continue to monitor developments surrounding the recently discovered omicron Covid variant . Hong Kong’s Hang Seng index slipped 0.95%, as of its final hour of trading. Hong Kong-listed shares of Chinese tech giant Meituan lost more than 7% after the firm on Friday posted a loss of about 10 billion Chinese yuan ($1.56 billion) for the three months ended Sept. 30. Shares of Sun Entertainment Group in Hong Kong sank more than 30% after the South China Morning Post reported that controlling shareholder Alvin Chau Cheok-wa was among...