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Markets

Hong Kong shares end lower

  • The Hang Seng Index fell 0.53 percent, or 142.34 points, to 26,517.82
Published August 12, 2021 Updated August 12, 2021 01:33pm
By

HONG KONG: Hong Kong stocks finished lower Thursday after three days of gains, after China announced plans to tighten regulations on a range of industries as part of a crackdown to strengthen its grip on the economy.

The Hang Seng Index fell 0.53 percent, or 142.34 points, to 26,517.82.

Shanghai stocks edge up

The Shanghai Composite Index fell 0.22 percent, or 7.88 points, to 3,524.74, while the Shenzhen Composite Index on China's second exchange eased 0.35 percent, or 8.66 points, to 2,478.34.

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