PRE-MARKET HONG KONG STOCKS NEWS: Hong Kong markets reopen from the Lunar New Year holiday
Importance
Level 1
Chow Tai Fook (1929 HK) - Chow Tai Fook-linked companies face a potential record USD 192mln hit to settle a Takeovers Code breach related to Giordano International (709 HK).
HSBC (5 HK) - Co. reportedly cuts 10% of its US debt capital markets team. (Newswires)
Tech - China’s major technology firms, including Alibaba (9988 HK), Tencent (700 HK) and ByteDance reported strong early traction for their latest flagship artificial intelligence products following promotional efforts tied to the Spring Festival. (SCMP)
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