Business Market 23 Mar 2020 Hong Kong, China sto ...

Hong Kong, China stocks close sharply down

AFP
Published Mar 23, 2020, 8:33 am IST
Updated Mar 23, 2020, 6:11 pm IST
The Hang Seng Index plummeted 4.86 percent, or 1,108.94 points, to close at 21,696.13
Representative Image (AFP)
 Representative Image (AFP)

Hong Kong: Hong Kong stocks plunged Monday with investors spooked about the economic impact of the coronavirus pandemic despite the announcement of massive emergency stimulus measures worldwide.

The Hang Seng Index plummeted 4.86 percent, or 1,108.94 points, to close at 21,696.13.

 

Mainland China's benchmark Shanghai Composite Index also closed down, dropping 3.11 percent, or 85.45 points, to 2,660.17.

The Shenzhen Composite Index, which tracks stocks on China's second exchange, lost 4.26 percent, or 72.58 points, to close at 1,631.88.

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