Hong Kong News
Nonpartisan, Noncommercial, unconstrained.
Friday, Jan 03, 2025
Real, Diverse, Unbiased.
Hong Kong stocks start week with a loss
Hong Kong shares finished Monday with big losses as a forecast-beating read on US factory gate inflation dented hopes for a more dovish turn by the Federal Reserve.
The Hang Seng Index sank 2.20 percent, or 437.24 points, to 19,463.63.
The Shanghai Composite Index fell 0.87 percent, or 27.91 points, to 3,179.04, while the Shenzhen Composite Index on China's second exchange lost 0.67 percent, or 13.97 points, to 2,061.87.
The Shanghai Composite Index fell 0.87 percent, or 27.91 points, to 3,179.04, while the Shenzhen Composite Index on China's second exchange lost 0.67 percent, or 13.97 points, to 2,061.87.
