Hong Kong: Stocks dive on technology retreat

Published Tue, Jul 4, 2017 · 08:33 AM

[HONG KONG] Stocks tumbled in Hong Kong on Tuesday with internet giant Tencent leading a technology sell-off which overshadowed a rally in energy firms fuelled by recovering oil prices.

The Hang Seng Index sank 1.53 per cent, or 395.16 points, to 25,389.01.

The benchmark Shanghai Composite Index slid 0.41 per cent, or 13.11 points, to 3,182.80 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, dropped 0.46 per cent, or 8.68 points, to 1,896.53.

AFP

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