HONG KONG: Hong Kong stocks plunged more than nine percent on Tuesday, their biggest fall in 16 years, after China left investors disappointed by a lack of new stimulus and few details about measures announced last month.

Hong Kong’s Hang Seng Index dived 9.41 percent, or 2,172.99 points, to 20,926.79.

HK shares hit over 2-1/2-year high

The loss is its heaviest since 2008 during the global financial crisis.