News Formal

Hong Kong, China stocks close sharply down | Malay Mail

  • 📰 malaymail
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 86%

Business News News

Business Business Latest News,Business Business Headlines

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. The Hang Seng Index plummeted 4.86 per cent, or 1,108.94 points, to close at 21,696.13....

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

 

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:

 /  🏆 1. in BUSİNESS

Business Business Latest News, Business Business Headlines

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

Hong Kong’s economy is in ‘deep water,’ finance chief saysCity's unemployment rate is likely to rise after hitting a 9-year high in February. FMTNews HongKong
Source: fmtoday - 🏆 5. / 72 Read more »