Speculation on US rate decision drags down HK stocks - RTHK
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Speculation on US rate decision drags down HK stocks

2024-03-19 HKT 16:47
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  • The Hang Seng Index ends Tuesday more than 200 points lower. Photo: AP
    The Hang Seng Index ends Tuesday more than 200 points lower. Photo: AP
Hong Kong stocks ended sharply down on Tuesday ahead of a keenly awaited Federal Reserve policy decision later this week that traders hope would shine some light on the US central bank's plans for interest rates.

Some investors concerned the Fed might not cut interest rates as quickly or as much as expected.

The Hang Seng Index fell 1.24 percent, or 207.64 points, to 16,529.

Speculation on US rate decision drags down HK stocks