Hong Kong: Shares down at start of trade

Published Thu, Jun 2, 2022 · 09:57 AM
    • The Hang Seng Index sank 1.12 per cent, or 237.90 points to 21,057.04.
    • The Hang Seng Index sank 1.12 per cent, or 237.90 points to 21,057.04. PHOTO: BLOOMBERG

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    HONG KONG stocks opened Thursday (Jun 2) morning with big losses fuelled by concerns about the outlook for the global economy as central banks are forced to hike interest rates to counter surging inflation.

    The Hang Seng Index sank 1.12 per cent, or 237.90 points to 21,057.04.

    The Shanghai Composite Index slipped 0.37 per cent, or 11.85 points to 3,170.31, while the Shenzhen Composite Index on China's second exchange fell 0.35 per cent, or 7.06 points to 2,005.59. AFP

    Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.

    Share with us your feedback on BT's products and services