Hong Kong: Stocks end lower on NYSE's latest decision to delist three Chinese telecoms

  • 📰 BusinessTimes
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 51%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

[HONG KONG] Hong Kong's main Hang Seng index ended Thursday lower, after the New York Stock Exchange moved to delist Chinese telecoms firms again. Read more at The Business Times.

[HONG KONG] Hong Kong's main Hang Seng index ended Thursday lower, after the New York Stock Exchange moved to delist Chinese telecoms firms again.

At the close of trade, the Hang Seng index was down 143.78 points or 0.52 per cent at 27,548.52. The New York Stock Exchange said on Wednesday it would delist three Chinese telecom companies, confirming its latest U-turn on the matter. Hong Kong shares of China Unicom led losses among the three telecom stocks, falling 11.35 per cent at market close, the biggest loser on the Hang Seng for the day. China Mobile fell 7.18 per cent and China Telecom Corp dropped 9.38 per cent at market close.For daily updates on weekdays and specially selected content for the weekend. Subscribe to

 

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 NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

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

Hong Kong: Stocks close lower[HONG KONG] Hong Kong stocks ended slightly lower on Thursday as profit-takers moved in after five days of gains that have pushed the market to its highest in 20 months. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

Hong Kong: Stocks end sharply lower[HONG KONG] Hong Kong stocks finished with big losses on Tuesday as investors fretted over the timing of a new US stimulus, while the Chinese central bank's decision to soak up excess liquidity in mainland financial markets put the brakes on huge cross-border investment flows. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

Hong Kong: Stocks start week on strong note[HONG KONG] Hong Kong stocks rallied more than two per cent Monday following a two-day sell-off, as investors welcomed news that leaders had lifted a lockdown in a part of the city. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

Hong Kong: Stocks dive as world markets are routed[HONG KONG] Hong Kong stocks plunged Thursday in line with a global sell-off fuelled by profit-taking from a recent rally, while investors also fretted over spiking virus infections, slow vaccine rollouts and a stuttering economic recovery. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

Hong Kong: Stocks start Friday's session with a rally[HONG KONG] Hong Kong stocks opened with a burst on Friday morning at the end of a volatile week that has seen global markets hammered by concerns about high valuations and soaring virus infections. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »