You are here

Hong Kong: Stocks close sharply lower

doc79tr32y7pc61f12qsg8b_doc6ue7z33jm2a4qiv61z1.jpg
The Hang Seng Index plummeted 4.86 per cent, or 1,108.94 points, to close at 21,696.13.

[HONG KONG] Hong Kong stocks plunged Monday with investors spooked about the economic impact of the coronavirus pandemic despite the announcement of massive emergency stimulus measures worldwide.

The Hang Seng Index plummeted 4.86 per cent, or 1,108.94 points, to close at 21,696.13.

Mainland China's benchmark Shanghai Composite Index also closed down, dropping 3.11 per cent, or 85.45 points, to 2,660.17.

The Shenzhen Composite Index, which tracks stocks on China's second exchange, lost 4.26 per cent, or 72.58 points, to close at 1,631.88.

AFP

BT is now on Telegram!

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