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Markets

Hong Kong shares close sharply lower

  • The Hang Seng Index sank 1.28 percent, or 367.34 points, to 28,357.54.
Published May 3, 2021 Updated May 3, 2021 01:27pm
By

HONG KONG: Hong Kong stocks closed sharply lower on Monday, in line with a broad sell-off across Asia following a negative lead from Wall Street, with inflation concerns continuing to weigh on sentiment.

The Hang Seng Index sank 1.28 percent, or 367.34 points, to 28,357.54.

Mainland Chinese markets were closed for a holiday.

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