Hong Kong: Stocks dive as world markets are routed
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
[HONG KONG] Hong Kong stocks plunged Thursday in line with a global sell-off fuelled by profit-taking from a recent rally, while investors also fretted over spiking virus infections, slow vaccine rollouts and a stuttering economic recovery.
The Hang Seng fell 2.55 per cent, or 746.76 points, to 28,550.77.
The benchmark Shanghai Composite Index sank 1.91 per cent, or 68.17 points, to 3,505.18, while the Shenzhen Composite Index on China's second exchange dropped 2.82 per cent, or 68.16 points, to 2,352.75.
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.
Share with us your feedback on BT's products and services
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
20 photos that show how dramatically Singapore has changed in two decades
Singapore’s key exports up 15.3% in March from electronics surge, exceeding forecasts
