Hong Kong stocks trade near seven-week low as regulatory jitters resurface following Tencent action

hong kong stocks trade near seven week low as regulatory jitters resurface following tencent action

Sumary of Hong Kong stocks trade near seven-week low as regulatory jitters resurface following Tencent action:

  • Hong Kong stocks wavered on Thursday morning, with the benchmark hovering around a seven-week low, as concerns lingered about a regulatory crackdown in China that has crippled industries ranging from technology and ride-hailing to private education.
  • The Hang Seng Index edged up 0.1 per cent to 24,714.83 at the noon break, reversing an intraday loss of as much as 0.6 per cent.

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