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Markets

Hong Kong stocks start with fresh losses

Published July 12, 2022 Updated July 12, 2022 12:26pm
By

HONG KONG: Hong Kong stocks opened on a downbeat note Tuesday morning, extending a recent selloff on worries of a possible recession in leading economies and as traders keep tabs on a new Covid flare-up in China.

The Hang Seng Index fell 1.04 percent, or 219.13 points, to 20,905.07.

Hong Kong stocks end week with gains

The Shanghai Composite Index slipped 0.19 percent, or 6.36 points, to 3,307.22, while the Shenzhen Composite Index on China's second exchange was flat, inching up 0.08 points to 2,187.42.

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