Hong Kong stocks sink on weak China data

Updated 08 Aug, 2023

HONG KONG: Hong Kong stocks finished sharply lower Tuesday as another batch of worse-than-forecast Chinese data added to long-running worries about the world’s number two economy.

The Hang Seng Index tumbled 1.81 percent, or 353.75 points, to 19,184.17.

Hong Kong stocks begin week on muted note

The Shanghai Composite Index lost 0.25 percent, or 8.21 points, to 3,260.62, while the Shenzhen Composite Index on China’s second exchange dropped 0.33 percent, or 6.80 points, to 2,051.03.

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