Hong Kong: Stocks dive more than 1% by break
[HONG KONG] Hong Kong stocks sank more than one per cent on Friday morning as energy firms were hit by a plunge in oil prices, while investors await the release of key US jobs data later in the day.
The Hang Seng Index tumbled 1.16 per cent, or 287.03 points, to 24,396.85 by the break.
The benchmark Shanghai Composite Index slipped 0.68 per cent, or 21.27 points, to 3,106.10 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, fell 0.34 per cent, or 6.43 points, to 1,889.93.
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
Bitcoin 'halving' has taken place: CoinGecko
Wall Street bonus rules return to regulatory agenda in third try
US: Nasdaq, S&P tumble as Netflix, chip stocks drag
Europe: L’Oreal gains cap third week of declines
China to facilitate Hong Kong IPOs and expand Stock Connect
Global equity funds see surge in outflows as rate cut hopes fade