Hong Kong stocks slid again on Friday and were set to close out a week whiplashed by renewed China-US tensions, as investors geared up for key China economic data and a high-stakes Communist Party’s gathering that would outline the nation’s development goal in the next five years.
The Hang Seng Index fell 1.3 per cent to 25,557.59 as of 10.56am local time, stretching the loss to 2.8 per cent for the week. The Hang Seng Tech Index lost 2 per cent.
On the mainland, the CSI 300 Index slid 0.9 per…Hong Kong stocks slid again on Friday and were set to close out a week whiplashed by renewed China-US tensions, as investors geared up for key China economic data and a high-stakes Communist Party’s gathering that would outline the nation’s development goal in the next five years.
The Hang Seng Index fell 1.3 per cent to 25,557.59 as of 10.56am local time, stretching the loss to 2.8 per cent for the week. The Hang Seng Tech Index lost 2 per cent.
On the mainland, the CSI 300 Index slid 0.9 per… Read More Business – South China Morning Post