Hong Kong: Stocks drop for a fifth day
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
HONG Kong stocks sank on Wednesday (Sep 7) for the fifth successive day as global markets are roiled by concerns about central bank plans to ramp up interest rates to fight inflation.
The Hang Seng Index lost 0.83 per cent, or 158.43 points, to 19,044.30.
The Shanghai Composite Index edged up 0.09 per cent, or 2.85 points, to 3,246.29, while the Shenzhen Composite Index on China’s second exchange gained 0.47 per cent, or 9.92 points, to 2,123.20. 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
Autobahn Rent A Car directors declared bankrupt over S$50 million each owed to DBS
Higher costs, lower returns: Why are Singaporeans still betting on real estate?
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
Loyang Valley sold for S$880 million to SingHaiyi-led consortium
