Alibaba, Haidilao lead Hong Kong stocks to near three-month high on China recovery signals as Beijing eases lockdown

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Stocks jump as 60 of the 69 Hang Seng Index members chalk up gains.

Reports this week may show Chinese manufacturing likely expanded in June.

Alibaba Group attracts buyers amid Ant Group speculation.

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Author / Journalist: Zhang Shidong

Category: Economy

Topics: Front Jumbo Stands Stock Latest June Shanghai Economic Screen Showing Data

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-06-27, 10:36:34

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Reading Time: 1 minutes read

Article Length: 42 words

Coverage Area: Hong Kong

Availability: Desktop Web, Mobile Web

News ID: 15074

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About SCMP

Main Topics: Economy

Official Website: scmp.com

Update Frequency: 12 posts per day

Year Established: 1903

Headquarters: Hong Kong

News Last Updated: 58m ago

Coverage Areas: Hong Kong

Ownership: Independent Company

Publication Timezone: GMT +8:00

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #42

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