Hong Kong stocks head for losing week as strong China data reignites monetary tightening concerns

Sumary of Hong Kong stocks head for losing week as strong China data reignites monetary tightening concerns:

• Hong Kong stocks dropped from a three-week high after official data shows that China factory-gate prices increased at the fastest pace in more than two years, reigniting concerns that policymakers will dial back ultra-loose monetary policies.The Hang Seng Index slid 0.7 per cent to 28,798.07 at local noon break, brining the loss in the week to 0.5 per cent….

Want to know more click here go to source.

From SCMP - 09/04/2021