HK stocks head into weekend with more losses - RTHK
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HK stocks head into weekend with more losses

2024-01-12 HKT 16:22
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  • The Hang Seng Index slipped 0.4 percent to 16,244. Image: Shutterstock
    The Hang Seng Index slipped 0.4 percent to 16,244. Image: Shutterstock
Hong Kong stocks closed out the week with more losses on Friday as weak data from China added to worries about the world's number two economy, while a forecast-beating US inflation print dented hopes for an early interest rate cut.

The Hang Seng Index slipped 0.4 percent, or 57 points, to 16,244.

The Shanghai Composite Index dropped 0.2 percent, or 4 points, to 2,881, and the Shenzhen Composite Index on China's second exchange shed 0.6 percent, or 11 points, to 1,749. (AFP)

HK stocks head into weekend with more losses