The Digital Source For China's Tech Innovation Since 2000

China Tech Buzz

Global News Impacting Chinese Tech

Hong Kong stocks slide to 2-month low as Putin orders Ukraine attack while Alibaba, HKEX earnings disappoint | South China Morning Post

February 25, 2022
Source: scmp.com scmp.com
News Snapshot:
Hong Kong stocks slumped to a two-month low as Chinese Big Tech led losses while global markets sank and safe haven assets surged after Russia attacked Ukraine. Concerns about weaker corporate earnings also hurt sentiment. The Hang Seng Index retreated 3.2 per cent to 22,901.56 at the close of Thursday trading, the steepest drop since September. This week’s losses amounted to US$104 billion of market value through Wednesday. The Tech Index sank 4.3 per cent, while the Shanghai Composite Index lost 1.7 per cent. Alibaba Group Holding, the owner of this newspaper, tanked 6.7 per cent to a record-low HK$104.90...
GO TO ORIGINAL SOURCE →
China Tech Buzz Topics: Alibaba | Ant Group | China | Chinese | Europe | finance | Gold | Hong Kong | Internet | Japan | media intelligence | military | NetEase | News Media | Oil | online payment | online shopping | Putin | Russia | Shanghai | stock market | stocks | technology | Tencent | War

Other News:

Carmakers teaming up with Chines brands

July 2, 2026
canberratimes.com.au canberratimes.com.au

Can Hong Kong absorb US$100 billion of newly tradable shares amid the global AI boom?

July 2, 2026
scmp.com scmp.com

From Zlatan to Beckham to Adidas, the World Cup Winners and Losers

July 2, 2026
hollywoodreporter.com hollywoodreporter.com

Taiwan detains super micro workers in China smuggling probe

July 2, 2026
straitstimes.com straitstimes.com

Apple seeks to buy Chinese-made memory chips with lobbying push

July 2, 2026
straitstimes.com straitstimes.com

Shopify settles copyright lawsuit against rival Shopline

July 2, 2026
thenews.com.pk thenews.com.pk

Xi Touts Communist Party's Global Reach, Hails PLA's Rising Strength In 105th Anniversary Address

July 2, 2026
zerohedge.com zerohedge.com

Alibaba agrees to pay US$600 million to settle US probe into illegal product sales

July 2, 2026
scmp.com scmp.com

Apple Burns Political Capital In Washington To Buy Memory From China's CXMT And YMTC, Yet US Buyers Won't See Even A Cent In Savings

July 2, 2026
wccftech.com wccftech.com
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
© 2026 ChinaTechNews.com. A Service of Asia Media Network.