Hong Kong news

Tech shares under pressure as Hong Kong stocks extend losses

Written by Ariel



Tech shares under pressure as Hong Kong stocks extend losses
HONG KONG (Nikkei Markets) — Hong Kong stocks headed for a second day of declines on Tuesday, with market heavyweight Tencent Holdings pulling the market lower after a further sell-off in U.S. technology companies overnight. The benchmark Hang Seng Index dropped 0.6% to 28,574.64 by noon. Tencent decreased 2.7%, while mobile components suppliers Sunny Optical Technology Group and AAC Technologies Holdings gave up 3.8% and 0.7%, respectively. The declines followed extended weakness on Wall Stree…
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Ariel

Lawyer, Musician, Serial Careerist, Amateur Chef, Papercut Survivor. Is this water dry?.

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