HONG KONG: Hong Kong stocks dropped on Monday, in line with broader Asia, as growing concerns about a new wave of coronavirus infections prompted a selloff in equities.
At the close of trade, the Hang Seng index was down 524.43 points, or 2.16%, at 23,776.95. The Hang Seng China Enterprises index fell 1.8% to 9,655.83.
The sub-index of the Hang Seng tracking energy shares dipped 2.1%, while the IT sector dipped 2.19%, the financial sector dropped 1.97% and the property sector fell 2.3%.
The top gainer on the Hang Seng was CK Infrastructure Holdings Ltd, up 0.24%, while the biggest loser was Techtronic Industries Co Ltd, which fell 4.87%.
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