HK, China: Stocks dive as part of global slump
[HONG KONG] Hong Kong shares tumbled Wednesday after a four-day rally as a global surge ended on concerns about Donald Trump's chances of enacting promised policies to ramp up the US economy.
The Hang Seng Index slid 1.11 per cent, or 272.71 points, to close at 24,320.41.
The benchmark Shanghai Composite Index fell 0.50 per cent, or 16.39 points, to 3,245.22. The Shenzhen Composite Index, which tracks stocks on China's second exchange, dropped 0.30 per cent, or 6.05 points, to 2,037.89.
AFP
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Capital Markets & Currencies
Euro at highest to yen since 2008, markets nervy over Tokyo stepping in
Singapore stocks track Wall Street gains on Tuesday; STI up 1.5%
UBS lifts Chinese stocks to overweight in rare upgrade call
Asia: Most markets rise with earnings, US data in view
Singapore banks lead market surge again on easing Middle East tensions; STI up 1%
Stocks to watch: Clar, Keppel Reit, ESR-Logos Reit, Nanofilm, LHN