Posted 1/22/2024, 7:25:59 AM
Hong Kong Stocks Sink as Hang Seng Slides Below 15,000 to 15-Month Low on Tech Rout, China Policy Disappointment
- Hang Seng Index slides below 15,000 to 15-month low as Hong Kong stocks slump
- Tencent, AIA, Alibaba pace losses as tech index sinks 3.8%
- China keeps lending rates unchanged, disappointing investors hoping for easing
- Foreign investors continue selling mainland stocks, yanked $4.4B in 2024
- Losses in Chinese stocks hit $1 trillion in 2024, matching 2023 selloff