Hang Seng Index Sinks 2.4% to Cap Worst Week Since April on AI Bubble Fears
3 Articles
3 Articles
On November 21, US stocks fell across the board, dragged down by a sharp reversal in Nvidia's share price. Mainland A-shares also saw significant declines, and Hong Kong stocks remained weak throughout the day. The Hang Seng Index opened 375 points lower, plunging as much as 656 points during the session, before closing at 25,220 points, down 615 points (2.4%), with a turnover of HK$285.7 billion. The Hang Seng China Enterprises Index fell 2.5%,…
China Stocks Sink as Tech Rout Sparks Worst Week Since December
With year-end trading sentiment subdued and earnings growth expected to remain moderate, analysts anticipate only limited upside in the near term. The post China Stocks Sink as Tech Rout Sparks Worst Week Since December appeared first on StratNews Global.
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