Investors look at computer screens showing stock information at a brokerage house in Shanghai, China, in this July 8, 2015 file photo. — Reuters pic
HONG KONG, July 8 — Hong Kong shares sank today, in line with a sell-off across Asia, after a better-than-expected US jobs report slashed expectations the Federal Reserve will announce a big interest rate cut this month.
The Hang Seng Index shed 1.54 per cent, or 443.14 points, to 28,331.69.
The benchmark Shanghai Composite Index tumbled 2.58 per cent, or 77.70 points, to 2933.36, while the Shenzhen Composite Index, which tracks stocks on China’s second exchange, lost 2.90 per cent, or 46.40 points, to 1,554.80. — AFP