You are here

Hong Kong, Shanghai: Stocks finish lower

ym-Hang Seng Index-210520.jpg
Hong Kong stocks closed in negative territory on Thursday after rising for three days, hit by profit-taking and rising tensions between China and the US.

[HONG KONG] Hong Kong stocks closed in negative territory on Thursday after rising for three days, hit by profit-taking and rising tensions between China and the US.

The Hang Seng Index retreated 0.5 per cent or 119.92 points, to 24,280.03.

The benchmark Shanghai Composite Index fell 0.6 per cent or 15.81 points, to 2,867.92, while the Shenzhen Composite Index on China's second exchange lost 1 per cent, or 17.22 points, to 1,788.64.

AFP

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes