Hong Kong: Shares end week with further losses

Published Fri, Nov 5, 2021 · 08:37 AM

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[HONG KONG] Hong Kong stocks closed sharply lower on Friday, ending a tough week on a downer, as investors brushed off another record on Wall Street with eyes on the release of US jobs data later in the day and a deadline for troubled developer Evergrande to make a bond payment.

The Hang Seng Index fell 1.41 per cent or 354.68 points to 24,870.51.

The Shanghai Composite Index sank 1.00 per cent or 35.30 points to 3,491.57, while the Shenzhen Composite Index on China's second exchange lost 0.77 per cent or 18.74 points to 2,406.42.

AFP

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