HK stocks plunge on tech slump

Tech shares continued to slide on Thursday, dragging the Hong Kong benchmark down for an eighth day, as investors got more jittery over a widening tech crackdown on the mainland. The Hang Seng Index opened 79 points lower and came under heavy selling, plummeting as many as 850 points at one stage. The benchmark finished […]

Hong Kong shares down on close

Hong Kong stocks closed below the 28,000 mark on Wednesday, with tech firms leading the losses after Beijing stepped up supervision of overseas-listed firms on data security. The Hang Seng Index finished in the red for the seventh consecutive day. The index dropped more than 350 points during trading before rebounding. Still, it ended the […]

Hong Kong stocks close well down

Hong Kong stocks finished with losses on Tuesday, in line with a sell-off across Asia as traders fret over fresh virus spikes around the world that have led governments to impose fresh containment measures. The Hang Seng Index fell 0.9 percent, or 274 points, to 28,994. Turnover was HK$146.1 billion. Oil prices dived. PetroChina tumbled […]