Hong Kong stocks sell-off on Alibaba results - RTHK
A A A
Temperature Humidity
News Archive Can search within past 12 months

Hong Kong stocks sell-off on Alibaba results

2024-02-08 HKT 09:55
Share this story facebook
  • The Hang Seng Index was down by more than half a percentage point. Photo: RTHK
    The Hang Seng Index was down by more than half a percentage point. Photo: RTHK
Hong Kong shares sank at the opening on Thursday, dragged by heavy selling in market heavyweight Alibaba after the firm reported worse-than-expected sales in the third quarter.

The Hang Seng Index shed 0.58 percent, or 93.27 points, to 15,988.62.

The Shanghai Composite Index added 0.10 percent, or 2.79 points, to 2,832.49, and the Shenzhen Composite Index gained 0.36 percent, or 5.54 points to 1,534.45. (AFP)

Hong Kong stocks sell-off on Alibaba results