Hong Kong: Stocks start year with losses

Published Mon, Jan 3, 2022 · 08:40 AM

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    [HONG KONG] Hong Kong stocks started the year on a negative note on Monday with embattled tech firms acting as a key drag, while property firms were also hurt by news that Evergrande had suspended trading in its shares ahead of an announcement, raising fresh concerns over the sector.

    The Hang Seng Index eased 0.53 per cent or 122.92 points to 23,274.75.

    Mainland Chinese markets were closed for a holiday.

    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.