Hong Kong: Shares end down 0.4% as global growth worries persist
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
[Shanghai] Hong Kong shares ended slightly lower on Tuesday, erasing early gains as worries about cooling global growth continued to weigh on equity markets.
The Hang Seng Index closed down 0.4 per cent at 23,047.97 points, while the China Enterprises Index of the leading offshore Chinese listings in Hong Kong fell 0.3 per cent.
The market rallied in the morning after Hong Kong police moved to dismantle barriers erected by pro-democracy protesters in Hong Kong. Hong Kong markets have slid in the run-up to and during the protests, which began in early October.
But investor sentiment suffered after major US markets dropped more than 1 per cent overnight, with the S&P 500 posting its worst three-day slide since late 2011 and closing below a key technical support level.
- REUTERS
Share with us your feedback on BT's products and services
TRENDING NOW
‘Boring’ is the new black: The stars are aligning for a Singapore stock market revival
Near sell-out launches in March boost developer sales to 1,300 units after four slow months
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Genting Singapore’s Lim Kok Thay receives S$7.5 million pay package for FY2025
