Author: Lynn Fallon

Hong Kong Hang Seng Down 0.57% on Trade Outlook, Weak Financial Stocks

Hong Kong Hang Seng Down 0.57% on Trade Outlook, Weak Financial Stocks

The Hong Kong Hang Seng Index opened lower Wednesday following overnight Wall Street declines and could not recover lost ground, finishing off 0.57% as traders eyed the ongoing Sino-US trade dispute. Financial issues were weak, following the recent seizure of mainland China’s Baoshang Bank. The Hang Seng fell 155.10 to 27,235.71, as losing issues outnumbered gainers 36 to 12. Leading […]