A view outside the Exchange Square in Central, Hong Kong. Photo: Handout
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

Topic |   China stock market
A view outside the Exchange Square in Central, Hong Kong. Photo: Handout
A view outside the Exchange Square in Central, Hong Kong. Photo: Handout
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