HONG KONG, Feb 26, 2021 (BSS/AFP) – Hong Kong shares tumbled at Friday’s
open, resuming a hefty sell-off, following steep losses on Wall Street as
investors grow increasingly worried that the expected global economic
recovery this year will force central banks to lift interest rates.
The Hang Seng Index fell 2.20 percent, or 662.04 points, to 29,412.13.
The benchmark Shanghai Composite Index dropped 1.97 percent, or 70.48
points, to 3,514.56, while the Shenzhen Composite Index on China’s second
exchange fell 2.11 percent, or 49.22 points, to 2,286.19.