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Markets

Hong Kong stocks end with more losses

Published March 16, 2023 Updated March 16, 2023 01:41pm
By

HONG KONG: Hong Kong stocks tumbled Thursday on fresh fears over the banking sector following the collapse of two US lenders at the weekend, while traders are also looking ahead to the Federal Reserve’s interest rate decision next week.

The Hang Seng Index shed 1.72 percent, or 335.96 points, to 19,203.91.

Hong Kong shares open on front foot

The Shanghai Composite Index fell 1.12 percent, or 36.42 points, to 3,226.89, while the Shenzhen Composite Index on China’s second exchange lost 1.53 percent, or 31.78 points, to 2,049.48.

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