Hong Kong stocks fell on Thursday, following declines in the US, as investors grappled with new trade threats from Washington and uncertainty over trends in interest rates.
The Hang Seng Index dropped 0.5 per cent to 24,247.71 at 10.55am local time, paring Wednesday’s gains that followed a preliminary US-China trade agreement. The Hang Seng Tech Index dropped 1.1 per cent. On the mainland, the CSI 300 Index and the Shanghai Composite Index were mostly flat.
Technology stocks weighed on Hong…Hong Kong stocks fell on Thursday, following declines in the US, as investors grappled with new trade threats from Washington and uncertainty over trends in interest rates.
The Hang Seng Index dropped 0.5 per cent to 24,247.71 at 10.55am local time, paring Wednesday’s gains that followed a preliminary US-China trade agreement. The Hang Seng Tech Index dropped 1.1 per cent. On the mainland, the CSI 300 Index and the Shanghai Composite Index were mostly flat.
Technology stocks weighed on Hong… Read More
Business – South China Morning Post