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Markets

Hong Kong stocks drop at open

  • The Hang Seng Index fell 0.80 percent, or 210.17 points, to 25,969.23
Published August 9, 2021

HONG KONG: Hong Kong shares kicked off Monday on a negative note after strong US jobs data fanned fresh speculation that the Federal Reserve could move to wind down its ultra-loose monetary policy sooner rather than later.

The Hang Seng Index fell 0.80 percent, or 210.17 points, to 25,969.23.

Hong Kong shares down at open

The Shanghai Composite Index slipped 0.48 percent, or 16.48 points, to 3,441.75, while the Shenzhen Composite Index on China's second exchange fell 0.51 percent, or 12.43 points, to 2,430.63.

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