A screen showing stock prices near the Exchange Square in Central, Hong Kong. The Hang Seng Index has struggled to tackle the 30,000 hurdle after several attempts this week. Photo: Nora Tam A screen showing stock prices near the Exchange Square in Central, Hong Kong. The Hang Seng Index has struggled to tackle the 30,000 hurdle after several attempts this week. Photo: Nora Tam
A screen showing stock prices near the Exchange Square in Central, Hong Kong. The Hang Seng Index has struggled to tackle the 30,000 hurdle after several attempts this week. Photo: Nora Tam
Hang Seng Index

Hong Kong stocks slump as January bull run triggers caution and CNOOC exits MSCI indices while mainland funds taper purchases

  • The Hang Seng Index suffered its biggest loss since November 30 as markets enter an overbought zone while mainland funds tapered their purchases
  • CNOOC, Geely Auto and Xiaomi were among the biggest losers as prices retreated by 3.7 per cent to 5.6 per cent

Topic |   Hang Seng Index
A screen showing stock prices near the Exchange Square in Central, Hong Kong. The Hang Seng Index has struggled to tackle the 30,000 hurdle after several attempts this week. Photo: Nora Tam A screen showing stock prices near the Exchange Square in Central, Hong Kong. The Hang Seng Index has struggled to tackle the 30,000 hurdle after several attempts this week. Photo: Nora Tam
A screen showing stock prices near the Exchange Square in Central, Hong Kong. The Hang Seng Index has struggled to tackle the 30,000 hurdle after several attempts this week. Photo: Nora Tam
READ FULL ARTICLE