Weighed down by several sectors including new economies, insurers, handsets, domestic demand and oils, HSI continued to slump after lunch. It last posted 27,309, down 650 pts or 2.3%. Hang Seng Tech Index dropped for 7th consecutive day and further widened its decline to 3.8% at one point after lunch, setting a 9-month low; last posted 7,357, down 3.2%.
China concept stock BILIBILI-SW (09626.HK) likewise dropped for 7 days straight, last stood at $787.5, down 7%. MEITUAN-W (03690.HK) lost 5.5% to post at $270.4.
BIDU-SW (09888.HK) dropped 5.3%, last posted $172.3 while AAC TECH (02018.HK) plummeted 6.1%, last posted $52.65.
China concept stock BILIBILI-SW (09626.HK) likewise dropped for 7 days straight, last stood at $787.5, down 7%. MEITUAN-W (03690.HK) lost 5.5% to post at $270.4.
BIDU-SW (09888.HK) dropped 5.3%, last posted $172.3 while AAC TECH (02018.HK) plummeted 6.1%, last posted $52.65.