Hong Kong stocks slip from eight-month high on renewed concerns about Covid-19 lockdowns

//Hong Kong stocks slip from eight-month high on renewed concerns about Covid-19 lockdowns

Hong Kong stocks slip from eight-month high on renewed concerns about Covid-19 lockdowns

Hong Kong stocks retreated from an eight month high as heightened concerns about the Covid-19 infections hurt sentiment, tempering recent enthusiasm about the arrival of effective vaccines.The Hang Seng Index dropped 0.6 per cent to 26,390.02 at 10am local time, set for a first drop this week. The Shanghai Composite fell 0.2 per cent. The Hang Seng Tech Index of 30 top technology stocks dropped 1.4 per cent.Chinese online food delivery giant Meituan, which will be added to the Hang Seng Index…

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By | 2020-11-19T02:54:53+00:00 November 19th, 2020|Business|Comments Off on Hong Kong stocks slip from eight-month high on renewed concerns about Covid-19 lockdowns