HK Stocks Hit One-Year Low on Regulatory Fears; China Steady

SYDNEY — Hong Kong stocks fell to a one-year low on Tuesday as regulatory concerns hanging over the tech sector and the arrest of gambling boss Alvin Chau kept investors from joining a global bounce out of COVID-19 worries. Mainland shares steadied. ** At midday, the Hang Seng Index was down 1.09% at 23,591.68, its lowest since September 2020. It has lost more than 7% for the month, the biggest such fall since July. Read More