Hong Kong: Stocks open down on Friday
[HONG KONG] Hong Kong stocks kicked off Friday with further losses, having already fallen more than four per cent this week, with traders growing increasingly worried about an extended period of US interest rate hikes.
The Hang Seng Index slipped 0.45 per cent, or 120.12 points, to 26,503.75.
Mainland Chinese markets remained closed for a public holiday.
AFP
Share with us your feedback on BT's products and services
TRENDING NOW
PSD reviewing paper that alleges civil servants disproportionately bought homes near unannounced MRT stations
CapitaLand Investment’s retrenchments: Mind the downsides of a profitable business laying off staff
Stocks to watch: Sats, Yangzijiang Shipbuilding, SBS Transit, GuocoLand
US 10-year Treasury yield tops 5% for first time since 2023 as inflation fears mount