Hong Kong stocks retreat from three-week high as strong China data heightens policy tightening conce …

hong kong stocks retreat from three week high as strong china data heightens policy tightening concerns

Sumary of Hong Kong stocks retreat from three-week high as strong China data heightens policy 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 two years, reigniting concerns that policymakers will dial back ultra-loose monetary policies.The Hang Seng Index slid 0.6 per cent to 28,830.81 in early Friday trading, extending the loss in the week to 0.2 per cent….

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