Hong Kong, Shanghai: Stocks tumble after holiday while Shanghai rises
[HONG KONG] Hong Kong stocks fell Tuesday as an early rally in energy plays petered out and property firms were hit by news that some Chinese cities had imposed measures to curb real estate price rises.
The Hang Seng Index slipped 1.27 per cent, or 302.30 points, to close at 23,549.52 on the first day of trade after a long weekend.
But the benchmark Shanghai Composite Index rose 0.56 per cent, or 17.11 points, to 3,065.25. The Shenzhen Composite Index, which tracks stocks on China's second exchange, added 0.51 per cent, or 10.31 points, to 2,043.69.
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
Singapore stocks end week in red; STI down 0.1%
Asia: Markets track Wall Street higher as rate hopes rise, eyes on US jobs
H2G Green chief to stand trial on Aug 5 amid MOM probe
Singapore shares climb at Friday’s open; STI up 0.2%
Stocks to watch: DBS, KIT, Clint, Elite Commercial Reit
Europe: Shares ease after Federal Reserve decision, mixed earnings