Hong Kong stocks finish with losses

08 May, 2024

HONG KONG: Hong Kong stocks finished with another loss Wednesday as investors took a breather after a 10-day winning run, though they remain optimistic over the outlook for US interest rate cuts this year.

The Hang Seng Index sank 0.90 percent, or 165.51 points, to 18,313.86.

Hong Kong stocks open higher

The Shanghai Composite Index slipped 0.61 percent, or 19.26 points, to 3,128.48, while the Shenzhen Composite Index on China’s second exchange lost 1.33 percent, or 23.95 points, to 1,772.82.

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