Concerns about the durability of China’s growth and corporate earnings put Hong Kong stocks on track for their first weekly decline in nearly a month, as investors moved beyond their optimism about the outcomes of tariff talks.
The Hang Seng Index rose 0.2 per cent to 24,811.51 as of 10.15am local time on Friday. But the gauge was down 2.3 per cent for the week, its first such loss since July 4. The Hang Seng Tech Index gained 0.6 per cent. On the mainland, the CSI 300 Index climbed 0.1 per cent…Concerns about the durability of China’s growth and corporate earnings put Hong Kong stocks on track for their first weekly decline in nearly a month, as investors moved beyond their optimism about the outcomes of tariff talks.
The Hang Seng Index rose 0.2 per cent to 24,811.51 as of 10.15am local time on Friday. But the gauge was down 2.3 per cent for the week, its first such loss since July 4. The Hang Seng Tech Index gained 0.6 per cent. On the mainland, the CSI 300 Index climbed 0.1 per cent… Read More
Business – South China Morning Post