Hong Kong shares marked their biggest daily drop in six weeks on Monday, as investors braced for an escalation in US-China tensions and the release of the city's economic growth data.
The Hang Seng Index ended 4.2% lower at 23,613.80, its biggest percentage fall since March 23, trading at near two-week lows for much of the session. The Hang Seng China Enterprises index fell 4.4%.
The sub-index of the Hang Seng tracking energy shares dropped 6.8%, the IT sector fell 3.6%, the financial sector lost almost 4% and the property sector was down 4.2%.
Hong Kong stocks took much of the heat on Monday with Mainland China's markets closed for a public holiday until Wednesday. The offshore yuan weakened to a six-week low in early trade, extending Friday's fall.
About 2.56 billion Hang Seng index shares were traded. The volume traded in the previous trading session was 1.65 billion.
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