Money - International
Hong Kong shares close sharply lower
Monday, 19 Jul 2021 4:47 PM MYT
HONG KONG, July 19 — Hong Kong shares started the week with losses, in line with a sell-off across Asia, as investors grew concerned about the spread of the Delta coronavirus variant as well as the impact of spiking inflation on monetary policy.
The Hang Seng Index sank 1.84 per cent, or 514.90 points, to close at 27,489.78 today.
The benchmark Shanghai Composite Index was flat, inching down 0.18 points to 3,539.12, while the Shenzhen Composite Index on China’s second exchange dipped 0.07 per cent, or 1.74 points, to 2,452.32. — AFP
You May Also Like