Hong Kong: Shares tumble in tech sell-off
[HONG KONG] Hong Kong stocks plunged Tuesday, in line with an Asia-wide retreat, with technology firms among the big losers following heavy selling in the sector on Wall Street.
The Hang Seng Index dropped 2.02 per cent, or 531.66 points, to close at 25,840.34.
The benchmark Shanghai Composite Index dived 2.13 per cent, or 57.66 points, to 2,645.85 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, fell 2.72 per cent, or 38.51 points, to 1,378.92.
AFP
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Capital Markets & Currencies
Greenback recovers from PMI slump, yen closes in on 155 per dollar
Hong Kong Stock Exchange bids farewell to first woman chair
Asia stocks rise on Wednesday amid Wall Street rally; STI up 0.6%
Brokerage Haitong removes long-term Hong Kong unit chief Lin, appoints new head
Asia: Stocks rise on earnings optimism as US data approaches
Singapore stocks climb at Wednesday’s open; STI up 0.4%