Hong Kong: Stocks end with losses, eyes on Powell
Add BT as a preferred source
[HONG KONG] Hong Kong stocks sank on Tuesday after a recent rally as profit-taking offset a strong lead from Wall Street, with attention turning to new Federal Reserve boss Jerome Powell's congressional debut later in the day.
The Hang Seng Index fell 0.73 per cent, or 229.94 points, to end at 31,268.66.
The benchmark Shanghai Composite Index fell 1.13 per cent, or 37.50 points, to 3,292.07. The Shenzhen Composite Index, which tracks stocks on China's second exchange, lost 0.34 per cent, or 6.10 points, to close at 1,808.92.
AFP
Share with us your feedback on BT's products and services
TRENDING NOW
Ex-Sakae director Ong Siew Kwee handed 10.5-year jail term for misappropriating S$15.8 million, lying in court
DBS sees choppy Q3 for STI as investors pivot from Singapore banks to listcos that’re unlocking value
Yeoh Pei Xien: YTL’s third-gen scion with a pastor’s heart
High Court rejects bid to bring ST Engineering unit into trademark infringement suit over RSAF aircraft parts
