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Hong Kong, China Stocks Finish Lower


Thursday, 16 July 2020 15:36 WIB

HANG SENGSahamHongkongIndeks Shanghai Composite


Shares in mainland China plunged Thursday, extending a recent sell-off after a surge this month that had seen the Shanghai markets pile on more than 15 percent, while Hong Kong was hit by concerns about a spike in virus infections at home and around the world.

Data showing China's economy expanded more than expected in the second quarter was unable to offset the glum mood.

The benchmark Shanghai Composite Index sank 4.50 percent, or 151.21 points, to 3,210.10 while the Shenzhen Composite Index on China's second exchange tumbled 5.20 percent, or 117.55 points, to 2,144.25.

The Hang Seng Index in Hong Kong shed 2.00 percent, or 510.89 points, to 24,970.69.

Source : AFP


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