HONG KONG: Hong Kong stocks ended lower on Monday as investors were wary after details of a new security law for the territory showed Beijing will have overarching powers on its enforcement.
At the close of trade, the Hang Seng index was down 132.55 points or 0.54% at 24,511.34. The Hang Seng China Enterprises index fell 0.96% to 9,879.02.
The sub-index of the Hang Seng tracking energy shares dipped 1.5%, while the IT sector rose 0.43%, the financial sector ended 0.51% lower and the property sector dipped 1.37%. The top gainer on the Hang Seng was Hong Kong Exchanges and Clearing Ltd, which gained 3.73%, while the biggest loser was Galaxy Entertainment Group Ltd, which fell 3.68%.
Comments
Comments are closed.