Hong Kong: Shares fall sharply as tech shares plunge
[HONG KONG] Hong Kong shares ended Thursday lower, dragged by tech shares and reflecting fears in the region that the boom in demand for electronic components has peaked.
At the close of trade, the Hang Seng index was down 446.48 points or 1.51 per cent at 29,177.35. The Hang Seng China Enterprises index fell 1.48 percent to 11,475.72.
China's main Shanghai Composite index closed down 0.61 per cent at 3,317.577 points while its blue-chip CSI300 index ended down 1.16 per cent.
REUTERS
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
Europe: Stoxx 600 logs best day in three months as banks shine
US: Stocks rally after strong tech results
Mixed trading in Asia as investors watch for further macro data; STI down 0.2%
Vietnam delays launch of new stock trading system
Hong Kong bourse regains favour on hopes of a market revival
Asia: Markets rise as strong US tech earnings offset poor data