Hong Kong Stocks Up 3% as Tech Stocks Rise;  China's activity data disappoints

Hong Kong Stocks Up 3% as Tech Stocks Rise; China’s activity data disappoints

Some Chinese tech stocks have huge value, says Primavera Capital Shares of major Chinese tech companies are currently “so depressed” and “really cheap,” said Fred Hu, founder and chairman of Primavera Capital. The Hang Seng Tech index in Hong Kong is down more than 30% year-to-date, although the index has rebounded in recent weeks. The …

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