A view outside the Exchange Square in Central, Hong Kong. Photo: Handout
Hong Kong stocks extend losing streak as traders dump holdings on reports US to sanction Chinese biotech, cloud-computing firms
- Hang Seng ended on weaker footing as news about new US sanctions prompted traders to dump biotech firms
- Beijing think tank calls for stronger stimulus to support growth as new home prices slipped in November by the most in nearly seven years, while retail sales struggled
A view outside the Exchange Square in Central, Hong Kong. Photo: Handout