Hang Seng pulls back, Chinese blue chips slide

Business | 7 Apr 2021 10:43 am

Hong Kong stocks have fallen by more than 100 points after  starting with gains today as investors returned from a holiday break.

The Hang Seng Index has dropped to 28,780.72, down by 158.02 percent, or 0.55 percent.

SMIC (0981) has climbed by 4.05 percent at HK$26.95. Tencent (0700) has lost 2.83 percent at HK$635.500.

Alibaba Group (9988) is down by 0.98 percent at HK$223.40.

The Hang Seng Tech Index dropped by 1.14 percent at 8,472.02.

In mainland China, blue chips have tumbled. The CSI 300 Index had dropped by 1.23 percent at 5,077.15.

The Hang Seng went into the long holiday break after rising to 28,938.74 on April 1.

 

 



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