Hong Kong and Shanghai stocks ended the week with sharp losses Friday as fears over the global economy were fanned by a European Central Bank growth forecast downgrade and data showing Chinese trade fell off a cliff last month.
[HONG KONG] Hong Kong and Shanghai stocks ended the week with sharp losses Friday as fears over the global economy were fanned by a European Central Bank growth forecast downgrade and data showing Chinese trade fell off a cliff last month.The benchmark Shanghai Composite Index lost 4.40 per cent, or 136.56 points, to 2,969.86, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, tumbled 3.79 per cent, or 63.25 points, to 1,605.28.
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:
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Hong Kong: Stocks start week with fresh gains[HONG KONG] Hong Kong and mainland stocks kicked off the week with gains, extending last week's rally as reports said China and the US were closing in on a deal to end their trade war. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Hong Kong: Stocks flat at lunch[HONG KONG] Hong Kong stocks headed into the break Tuesday barely moved as investors await the latest developments in the US-China trade talks, while Beijing unveiled huge tax cuts as it said it expects economic growth to slow in 2019. 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 »
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 »