Hong Kong stocks dip to 1-month low amid slumping oil prices, US presidential debate

Quick Summary:

Chinese oil producers led the decline after prices tumbled by more than 4 per cent overnight to an almost three-year low.

Flaircomm Microelectronics, a maker of auto electronics, jumped 75 per cent to 69.80 yuan on its first day of trading in Shenzhen.

Hong Kong stocks retreated to a one-month low, as a slump in crude oil prices revived jitters about the global growth outlook and traders were closely monitoring the US presidential debate.

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Article Details

Author / Journalist: Zhang Shidong

Category: Business

Markets: Hong KongChina

Topics: Cent Debate Prices Chinese Dropped Seng Stocks Retreated Traders Index Hang

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-11 @ 10:27:08 (2 hours ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 220 words

Reading Time: 2 minutes read

Sentences: 9 lines

Sentence Length: 25 words per sentence (average)

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

Copyright Owner: © SCMP

News ID: 22454408

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