Hong Kong, Shanghai: Stocks follow US and Europe lower
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
[HONG KONG] Stocks in Hong Kong and Shanghai tumbled in the first few minutes of trade on Friday, tracking a sell-off from Europe to New York, with energy firms hit by further losses in commodity prices.
In Hong Kong the benchmark Hang Seng Index fell 1.72 per cent, or 394.83 points, to 22,494.09.
Shanghai's benchmark composite index slid 0.88 per cent, or 32.14 points, to 3,600.76, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, dropped 1.19 per cent, or 26.97 points, to 2,232.52.
AFP
Share with us your feedback on BT's products and services
TRENDING NOW
Ministry of Home Affairs Permanent Secretary Pang Kin Keong to retire
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
