Hong Kong stocks waver as investors search for catalysts to drive momentum Yulu Ao Business – South China Morning Post

Hong Kong stocks wavered on Thursday after China pledged to curb “irrational competition” in the electric vehicle (EV) sector, while speculation about the future of Federal Reserve chair Jerome Powell also weighed on sentiment.
The Hang Seng Index fell 0.2 per cent to 24,476.90 at 11.10am local time, after rising as much as 0.6 per cent. The Hang Seng Tech Index dropped 0.1 per cent. On the mainland, the CSI 300 Index rose 0.2 per cent, while the Shanghai Composite Index was little changed.
EV…Hong Kong stocks wavered on Thursday after China pledged to curb “irrational competition” in the electric vehicle (EV) sector, while speculation about the future of Federal Reserve chair Jerome Powell also weighed on sentiment.
The Hang Seng Index fell 0.2 per cent to 24,476.90 at 11.10am local time, after rising as much as 0.6 per cent. The Hang Seng Tech Index dropped 0.1 per cent. On the mainland, the CSI 300 Index rose 0.2 per cent, while the Shanghai Composite Index was little changed.
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​Business – South China Morning Post