News Snapshot:
Hong Kong stocks erased losses after a government report showed benign inflation in mainland China last month, boosting hopes for further monetary policy easing. Tech stocks also rebounded from a knee jerk sell-off. The Hang Seng Index was little changed at 21,863.02 as of 11.40am local time, reversing a loss of as much as 1.7 per cent. The Tech Index swung between gains and losses before trading recently at 1 per cent higher. The Shanghai Composite Index gained 0.2 per cent. Alibaba Group Holding advanced 2 per cent to HK$113.50 after losing as much as 3.3 per cent. Meituan added...
