The Business Times

Hong Kong: Stocks hit as tech, real estate firms fall

Published Fri, Apr 20, 2018 · 08:20 AM

[Hong Kong] Hong Kong shares ended the week with sharp losses as technology firms tracked a sell-off in Apple, while real estate firms were hit by worries about rising interest rates.

The Hang Seng Index fell 0.94 per cent, or 290.11 points, to 30,418.33.

The benchmark Shanghai Composite Index slipped 1.47 per cent, or 45.84 points, to 3,071.54 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, dropped 2.00 per cent, or 36.30 points, to 1,778.34.

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

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here