Chinese tech stocks rallied on Monday after starting the year with a week of sharp falls, but markets across the Asia-Pacific region were mixed as investors weighed the possibility of an interest rate rise from the US Federal Reserve.
Hong Kong’s Hang Seng Tech index gained as much as 2.5 per cent on Monday, with Alibaba Health Information Technology rising as much as 14 per cent and short video platform Kuaishou’s Hong Kong-listed shares advancing 12.2 per cent.
The Star 50 index of Shanghai-listed tech stocks climbed about 1 per cent.
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