Hong Kong stocks trade near one-year low as developers, Macau casinos recover while tech stocks struggle for support

//Hong Kong stocks trade near one-year low as developers, Macau casinos recover while tech stocks struggle for support

Hong Kong stocks trade near one-year low as developers, Macau casinos recover while tech stocks struggle for support

Hong Kong stocks traded near a one-year low as property developers and Macau casino operators advanced while Chinese Big Tech continued to flounder amid regulatory concerns without buying support from mainland investors.The Hang Seng Index was little changed at 24,093.44 as of 10.42am local time. The benchmark slumped 3.3 per cent on Monday to the lowest level since October 2020. The Hang Seng Tech Index lost about 1 per cent. Markets in mainland China are shut for the Mid-Autumn holiday…

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By | 2021-09-21T03:05:26+00:00 September 21st, 2021|Business|Comments Off on Hong Kong stocks trade near one-year low as developers, Macau casinos recover while tech stocks struggle for support