The Business Times

Hong Kong: Stocks slide 0.58% in early trade

Published Thu, May 7, 2015 · 02:17 AM

[HONG KONG] Hong Kong shares lost 0.58 per cent in early trade Thursday, extending a sell-off that has tracked declines on Wall Street.

The Hang Seng index fell 161.57 points to 27,479.34 half an hour after the opening bell.

Chinese shares were mixed following a two-day sell-off, as investors question the sustainability of a recent rally, dealers said.

The benchmark Shanghai Composite Index lost 0.41 per cent, or 17.26 points, to 4,212.01.

The Shenzhen Composite Index, which tracks stocks on China's second exchange, added 0.11 per cent, or 2.53 points, to 2,209.24.

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