In the aftermath of the latest economic downturn caused by China, Hong Kong's stock market finds itself sitting at its lowest point in three weeks, fuel to the fires of financial concerns for the city.

Quick Summary:

Hong Kong stocks struck a three week low as investors looked past consensus beating GDP data and focused on weak retail, industrial and property data which weighed on sentiment.

The Exchange Square where the Hong Kong Stock Exchange (HKEX) is housed.

Other key Asian markets declined, following the overnight retreat in the US market.

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Article Details

Author / Journalist: Jiaxing Li

Category: Business

Markets: Hong KongAustraliaChinaJapanSouth Korea

Topics: Taking Exchange Kong March Month Index Year Lost Declined Cent Hong

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-04-16 @ 10:35:19 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 384 words

Reading Time: 3 minutes read

Sentences: 13 lines

Sentence Length: 30 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 20698494

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Official Website: scmp.com

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