Hong Kong: Stocks end week with losses
[HONG KONG] Hong Kong shares tumbled on Friday, in line with a retreat across Asia and in New York as investors fret over the future of market-friendly US tax-cut measures.
The Hang Seng Index sank 1.09 per cent, or 318.27 points, to close at 28,848.11.
The benchmark Shanghai Composite Index lost 0.80 per cent, or 26.30 points, to 3,266.14 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, fell 0.72 per cent, or 13.80 points, to 1,901.20.
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
Bitcoin 'halving' has taken place: CoinGecko
Wall Street bonus rules return to regulatory agenda in third try
US: Nasdaq, S&P tumble as Netflix, chip stocks drag
Europe: L’Oreal gains cap third week of declines
China to facilitate Hong Kong IPOs and expand Stock Connect
Global equity funds see surge in outflows as rate cut hopes fade