The falling Hang Seng Index is shown on a panel outside a bank in Hong Kong February 9, 2018. — Reuters pic
HONG KONG, March 23 — Hong Kong stocks plunged today with investors spooked about the economic impact of the coronavirus pandemic despite the announcement of massive emergency stimulus measures worldwide.Mainland China’s benchmark Shanghai Composite Index also closed down, dropping 3.11 per cent, or 85.45 points, to 2,660.17.
The Shenzhen Composite Index, which tracks stocks on China’s second exchange, lost 4.26 per cent, or 72.58 points, to close at 1,631.88. — AFP
Source: News Formal (newsformal.com)
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