Hong Kong: Stocks close lower

HONG Kong stocks closed lower on Tuesday (Nov 8), breaking a run of rallies fuelled by hopes that China could begin to move away from its economically painful zero-Covid policies.

The Hang Seng Index fell 0.29 per cent, or 48.40 points, to 16,547.51.

The Shanghai Composite Index lost 0.43 per cent, or 13.32 points, to 3,064.49, while the Shenzhen Composite Index on China’s second exchange fell 0.40 per cent, or 8.05 points, to 2,019.81. AFP