Alibaba, Tencent plunge pulls Hang Seng below 16,000-mark to new 13-year low
Hong Kong’s benchmark stock index slumped below 16,000-point for the first time in 13 years as investors further trimmed their holdings in tech stocks.
$Hang Seng Index(800000.HK$ plunged 4.6% to 15,472.72 as of 10.16 am local time, the lowest level since May 2009. $Hang Seng TECH Index(800700.HK$ lost 5.9% while $SSE Composite Index(800146.HK$ declined 1.1%.
$Hang Seng Index(800000.HK$ plunged 4.6% to 15,472.72 as of 10.16 am local time, the lowest level since May 2009. $Hang Seng TECH Index(800700.HK$ lost 5.9% while $SSE Composite Index(800146.HK$ declined 1.1%.
$BABA-SW(09988.HK$ plunged 9.6% to HK$62.95 and $TENCENT(00700.HK$ slumped 7% to HK$216.80 while $MEITUAN-W(03690.HK$ crashed 7.9% to HK$130.30. Chinese property developers $LONGFOR GROUP(00960.HK$ dropped 8.9% to HK$17.40 and $COUNTRY GARDEN(02007.HK$ lost 7.7% to HK$1.32.
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MonkeyGee : keep up the good work with the lockdown!
HopelessChi : keep up the good work XJP and CCP! striving to 0 is the objective. option trading massive bear. lol. pathetic.
试水牛牛 : Thank you very much, Hong Kong is getting more and more aggressive
