Hong Kong: Stocks close sharply lower
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
[HONG KONG] Hong Kong stocks plunged Monday with investors spooked about the economic impact of the coronavirus pandemic despite the announcement of massive emergency stimulus measures worldwide.
The Hang Seng Index plummeted 4.86 per cent, or 1,108.94 points, to close at 21,696.13.
Mainland China's benchmark Shanghai Composite Index also closed down, dropping 3.11 per cent, or 85.45 points, to 2,660.17.
The Shenzhen Composite Index, which tracks stocks on China's second exchange, lost 4.26 per cent, or 72.58 points, to close at 1,631.88.
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
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
