Hong Kong stocks slip as Xiaomi trading halt dents market sentiment

//Hong Kong stocks slip as Xiaomi trading halt dents market sentiment

Hong Kong stocks slip as Xiaomi trading halt dents market sentiment

Hong Kong stocks slipped at the midday break on Wednesday, as a trading halt by Chinese smartphone maker Xiaomi for additional fundraising purposes continued to hurt market sentiment.The Hang Seng Index slipped 0.1 per cent to 26,548.78, paring losses of as much as 1.1 per cent. The Shanghai Composite, meanwhile, edged up 0.1 per cent, reversing from an earlier loss of 0.5 per cent. The Hang Seng Tech Index had dropped 1.1 per cent.Placements, or additional fundraising, by large cap stocks…

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By | 2020-12-02T03:08:47+00:00 December 2nd, 2020|Business|Comments Off on Hong Kong stocks slip as Xiaomi trading halt dents market sentiment