Hong Kong: Stocks start with big losses
[HONG KONG] Hong Kong stocks tumbled in the first few minutes of trade Thursday following further losses on Wall Street fuelled by recovery concerns, while the embattled tech sector took another hit after Chinese authorities summoned top gaming firms for talks.
The Hang Seng Index dropped 0.93 per cent or 244 points to 26,076.93.
The Shanghai Composite slipped 0.23 per cent or 8.36 points to 3,666.82, while the Shenzhen Composite Index on China's second exchange eased 0.10 per cent or 2.57 points to 2,490.02.
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
Profit with purpose: Kim Choo Kueh Chang’s pivot from public listing to protecting heritage
Singapore Kitchen CEO, senior manager charged with alleged fraud, falsifying accounts; both to stay in jobs for now
Record Singapore-US rate gap may widen further on inflows and hawkish Fed outlook
Marco Polo Marine shares plans to unlock value as boutique fund manager becomes substantial shareholder