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The Hong Kong stock market has recently shown signs of vitality, with a 4.9% uptick in the past week, although it remains 14% lower compared to last year.
Hong Kong stocks fell from a three-week high, led by a retreat in property developers as concerns about debt defaults overshadowed Beijing's efforts to revive home sales and repair market confidence. Sinopharm Group slumped after becoming a benchmark index member. The Hang Seng Index slid 1.5 per cent to 18,559.92 at the local noon trading break, after rallying 2.5 per cent on Monday to the highest level since August 11. The Tech Index dropped 1.5 per cent while the Shanghai Composite Index decl