Hong Kong stocks suffer more losses on US-Iran fears

Business & Finance
6 Jan 2020 • 4:22 PM MYT
Malay Mail
Malay Mail

Latest Malaysia breaking stories on politics, analysis and opinions

image is not available

The reflections of pedestrians are seen on a screen displaying the Hang Seng stock index in Hong Kong, China August 5, 2019. — Reuters pic

HONG KONG, Jan 6 — Hong Kong stocks closed sharply lower today, extending losses from last week fuelled by fears of a Middle East conflict after the US assassinated a top Iranian general.

The Hang Seng index fell 0.79 per cent, or 225.31 points, to 28,226.19.

The benchmark Shanghai Composite Index was barely moved, inching 0.38 points down to 3,083.41, though the Shenzhen Composite Index, which tracks stocks on China’s second exchange, added 0.44 per cent, or 7.83 points, to 1,768.68. — AFP