Hong Kong: Stocks slip while Shanghai ends with gains
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MAINLAND Chinese markets rose on Thursday (Jun 30) as forecast beating data on the services sector lifted economic recovery hopes, though Hong Kong extended losses on worries about US interest rate hikes and surging inflation.
The Shanghai Composite Index rose 1.10 per cent, or 37.10 points, to 3,398.62, while the Shenzhen Composite Index on China’s second exchange climbed 1.35 per cent, or 29.64 points, to 2,224.15.
The Hang Seng Index shed 0.62 per cent, or 137.10 points, to 21,859.79. AFP
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