Hang Seng tech stocks fall amid tax-hike rumor
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Hang Seng tech stocks dropped sharply on December 16.
The Hang Seng Tech Index had fallen by over 2.5% at one point, while stocks of major internet platforms – including Alibaba, Tencent, JD.com, and Meituan – posted widening losses. Related call warrants plunged across the board.
The sell-off app...