Markets

Hong Kong stocks head into weekend with losses

Published November 24, 2023 Updated November 24, 2023 05:05pm
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HONG KONG: Hong Kong shares finished the week with a big loss on Friday following the previous day’s rally, even as Chinese authorities pressed ahead with moves to support the troubled property sector.

The Hang Seng Index sank 1.96 percent, or 351.42 points, to 17,559.42.

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The Shanghai Composite Index fell 0.68 percent, or 20.88 points, to 3,040.97, and the Shenzhen Composite Index on China’s second exchange shed 1.08 percent, or 20.83 points, to 1,900.60.