China tech stocks slide on Alibaba, Yangtze Memory fundraising

BIDU -1.03%

1. 1China tech stocks fall again Monday on concerns over fundraising by Alibaba and Yangtze Memory
2. 2Alibaba raises HK$80 billion ($10.2 billion) in Hong Kong's largest-ever secondary offering
3. 3Hang Seng Tech falls as much as 4%, STAR 50 drops 3.8%…fears of earnings dilution and further capital increases spread

Source Bloomberg · View original ↗

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