Hong Kong’s benchmark share index has been weighed down by poor earnings outlook of its constituent members. Photo: AP Photo Hong Kong’s benchmark share index has been weighed down by poor earnings outlook of its constituent members. Photo: AP Photo
Hong Kong’s benchmark share index has been weighed down by poor earnings outlook of its constituent members. Photo: AP Photo

Contrasting fortunes: China’s stock market recoups Covid-19 losses, while Hong Kong endures slump

  • The correlation between the Hang Seng Index and the CSI 300 is the lowest since March when China declared that the worst of Covid-19 out break was over
  • Full-year profit of Hang Seng Index members likely to fall 24 per cent, while those listed on the CSI 300 will probably rise 3.2 per cent, Bloomberg data shows

Topic |   Hang Seng Index
Hong Kong’s benchmark share index has been weighed down by poor earnings outlook of its constituent members. Photo: AP Photo Hong Kong’s benchmark share index has been weighed down by poor earnings outlook of its constituent members. Photo: AP Photo
Hong Kong’s benchmark share index has been weighed down by poor earnings outlook of its constituent members. Photo: AP Photo
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