Hong Kong stock rally stalls on US election suspense, global Covid-19 cases spike

//Hong Kong stock rally stalls on US election suspense, global Covid-19 cases spike

Hong Kong stock rally stalls on US election suspense, global Covid-19 cases spike

Hong Kong stocks fluctuated near the highest level in almost four months as traders waited for the outcome of the US presidential election. A jump in global Covid-19 infections and slowing sales from Alibaba Group Holding tempered sentiment.The Hang Seng Index slipped 0.2 per cent to 25,649.51 at the break on Friday after changing directions at least 10 times. The benchmark is still poised for the best weekly gain since June after surging by the most in four months a day earlier. The Shanghai…

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By | 2020-11-06T03:05:35+00:00 November 6th, 2020|Business|Comments Off on Hong Kong stock rally stalls on US election suspense, global Covid-19 cases spike