Hong Kong: Shares tank in early trade

  • 📰 BusinessTimes
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

Singapore Headlines News

Singapore Latest News,Singapore Headlines

HongKong: Shares tank in early trade

Hong Kong stocks plunged more than one per cent in opening trade Friday as the European Central Bank's decision to slash its growth forecasts added to concerns about the global economy.

[HONG KONG] Hong Kong stocks plunged more than one per cent in opening trade Friday as the European Central Bank's decision to slash its growth forecasts added to concerns about the global economy.The benchmark Shanghai Composite Index dived 2.19 per cent, or 68.08 points, to 3,038.34, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, sank 2.30 per cent, or 38.44 points, to 1,630.09.

Source: News Formal (newsformal.com)

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 15. in SG

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Hong Kong: Shares edge down at open[HONG KONG] Hong Kong shares opened with losses Tuesday after a recent rally, with US-China trade hopes already priced into the market, while Beijing lowered its growth forecasts for this year and unveiled huge tax cuts. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

Hong Kong: Shares end the day higher[HONG KONG] Hong Kong stocks ended the day higher as Shanghai stocks staged another rally Wednesday, extending its latest winning run to a fourth day, following China's tax cut pledge and on hopes for the China-US trade talks. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

Hong Kong: Shares open higher on Wednesday[HONG KONG] Hong Kong stocks opened slightly higher on Wednesday morning as investors returned after the previous day's losses, while also awaiting an update on progress in the China-US trade talks. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

Hong Kong: Shares down at open[HONG KONG] Hong Kong stocks kicked off on Thursday with small losses as global growth concerns overshadowed hopes for the China-US trade talks. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

Cathay in talks to buy shares in budget Hong Kong rivalHONG KONG: Cathay Pacific confirmed on Tuesday (Mar 5) it is in talks to buy a stake in Hong Kong's sole low-cost airline, as it competes to ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Saudi sisters stranded in Hong Kong granted extension of stay until early AprilTwo sisters stranded in Hong Kong while on the run from Saudi Arabia and their family have been allowed to stay in the city until early April, the Post has learned. In a statement on Thursday, their lawyer Michael Vidler confirmed the pair would be allowed to remain in Hong Kong until April 8. “We
Source: YahooSG - 🏆 3. / 71 Read more »

Hong Kong activist wins appeal over fish sandwich 'attack'A Hong Kong democracy activist who threw a fish sandwich at the city's then leader to protest rising inequality had his assault conviction quashed ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Hong Kong: Stocks end week with gains[HONG KONG] Hong Kong stocks ended higher Friday on refreshed hopes for the China-US trade talks, while investors were also cheered by data indicating a slight improvement in Chinese factory activity. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

Hong Kong: Stocks close sharply lower[HONG KONG] Hong Kong stocks sank Thursday on profit-taking and following a negative lead from Wall Street, while investors awaited the latest developments in the China-US trade talks. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

Hong Kong: Stocks end marginally higher[HONG KONG] The Hang Seng Index closed marginally higher on Tuesday after China unveiled huge tax cuts to boost the stuttering economy, while investors remain optimistic about the chances of a trade deal with the United States. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »