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Markets

Hong Kong stocks close lower

Published March 27, 2023 Updated March 27, 2023 01:49pm
By

HONG KONG: Hong Kong stocks closed lower on Monday, extending the losses seen on Friday as concerns persisted about the health of the global banking sector.

The Hang Seng Index dropped 1.75 percent, or 347.99 points, to finish at 19,567.69.

Hong Kong stocks fall at open

The Shanghai Composite Index shed 0.44 percent, or 14.26 points, to 3,251.40, but the Shenzhen Composite Index on China’s second exchange gained 0.11 percent, or 2.40 points, to 2,119.18.

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