Shanghai, Hong Kong: Stocks sink at open
[HONG KONG] Shares in Shanghai and Hong Kong plunged soon after opening Thursday, extending losses in New York and Europe as investors fret over the state of the Chinese economy.
The benchmark Shanghai Composite Index fell 1.55 per cent, or 52.18 points, to 3,309.66, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, slid 1.84 per cent, or 39.30 points, to 2,094.66.
And the Hang Seng Index in Hong Kong fell 0.99 per cent, or 208.21 points, to 20,772.6.
AFP
KEYWORDS IN THIS ARTICLE
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
Hong Kong bourse regains favour on hopes of a market revival
Asia: Markets rise as strong US tech earnings offset poor data
Singapore shares open lower on Friday; STI down 0.1%
Stocks to watch: CLI, Great Eastern, MIT, Sheng Siong, iFast, OUE, Far East Orchard
Europe: Stocks retreat on earnings gloom, weak US economic data
US: Stocks hit by GDP data, Meta results