Hong Kong stocks fall on rate concerns - RTHK
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Hong Kong stocks fall on rate concerns

2023-08-25 HKT 10:08
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  • The Hang Index fell by about a percentage in early trading. Photo: RTHK
    The Hang Index fell by about a percentage in early trading. Photo: RTHK
Hong Kong stocks dived at the opening of trading on Friday as data indicating a still-strong US jobs market dented hopes the Federal Reserve could hold off hiking interest rates further.

The Hang Seng Index sank 0.96 percent, or 174.57 points, to 18,037.60.

The Shanghai Composite Index slipped 0.44 percent, or 13.63 points, to 3,068.62, while the Shenzhen Composite Index lost 0.52 percent, or 9.89 points, to 1,901.34. (AFP)

Hong Kong stocks fall on rate concerns