Hong Kong: Stocks close with more losses
DeeperDive is a beta AI feature. Refer to full articles for the facts.
[HONG KONG] Hong Kong shares ended sharply lower again on Tuesday on geopolitical fears as Western powers warn Russia could invade neighbouring Ukraine anytime soon, while expectations for a sharp rise in US interest rates also weighed.
The Hang Seng Index lost 0.82 per cent or 200.86 points to 24,355.71.
But the Shanghai Composite Index rose 0.50 per cent or 17.21 points to 3,446.09 while the Shenzhen Composite Index on China's second exchange climbed 1.35 per cent or 30.50 points to 2,283.63.
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.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Air India asks Tata, Singapore Airlines for funds after US$2.4 billion loss
‘Boring’ is the new black: The stars are aligning for a Singapore stock market revival
From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?
South-east Asian markets account for 8.8% of global capital inflows from 2021 to 2024: report