Today, the Hong Kong share market finished lower for the third session in a row as hawkish comments from a top US Federal Reserve official. In the morning trade, the benchmark Hang Seng Index went down 53.12 points, or 0.29 per cent, to 17,992.54. The Hang Seng China Enterprises Index tumbled at 15.17 points, or 0.25 per cent, to 6,125.40.
- Key Factors Behind Todayβs Market Decline
- Indel Money to Raise Rs 500 Crore Through NCD Public Issue
- ICICI Prudential Life Signs Deal With Prudential IP Services
- Jio Financial Touches Rs 263 as BofA Buys Into Jio Credit
- Stocks in Focus:Jio Financial Services, Vascon Engineers, and OthersΒ
After Moody’s said recent policy, the property developer dropped from Beijing would not be enough yet to overcome the gloomy trends on the ground. New World Development slipped 5.3 per cent to HK$19.22; Country Garden dropped 6.5 per cent to HK$2.61, whereas China Overseas Land dropped 4 per cent to HK$19.20.
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