BCN-04 Hong Kong shares extend losses in opening trade

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ZCZC

BCN-04

STOCKS-MARKETS-HONGKONG-CHINA-OPEN

Hong Kong shares extend losses in opening trade

HONG KONG, Dec 6, 2018 (BSS/AFP) – Hong Kong stocks suffered more heavy
losses in the opening minutes of Thursday, with energy firms tracking another
drop in oil prices while technology firms were also among the worst-hit.

The Hang Seng Index sank 1.75 percent, or 470.26 points, to 26,349.42.

And the benchmark Shanghai Composite Index fell 0.75 percent, or 19.99
points, to 2,629.82, while the Shenzhen Composite Index, which tracks stocks
on China’s second exchange, lost 0.70 percent, or 9.61 points, to 1,371.17.

BSS/AFP/MR/ 1140 hrs