HomePoliticsChina Tech Stocks Stage Strong Rally

China Tech Stocks Stage Strong Rally


Kang Hexin and Cheng Leng reported from Hong Kong

As the country reopens and deregulates its internet sector, China’s tech stocks staged a $700 billion rally, drawing the attention of international asset managers who have fled the market in recent years.

Hong Kong’s Hang Seng tech index, which is heavy on mainland Chinese companies, has soared nearly 60 per cent from its October low, the Financial Times calculated based on Bloomberg data. (Tencent), Alibaba (Alibaba) and other heavyweight…

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