You are here

Hong Kong: Stocks dive on technology retreat

17-ns-hong kong stocks-040717.JPG

[HONG KONG] Stocks tumbled in Hong Kong on Tuesday with internet giant Tencent leading a technology sell-off which overshadowed a rally in energy firms fuelled by recovering oil prices.

The Hang Seng Index sank 1.53 per cent, or 395.16 points, to 25,389.01.

The benchmark Shanghai Composite Index slid 0.41 per cent, or 13.11 points, to 3,182.80 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, dropped 0.46 per cent, or 8.68 points, to 1,896.53.

AFP

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom