An electronic board displays the Hang Seng Index figures at Exchange Square, the building housing the stock market, in Hong Kong. Photo: EPA-EFE
An electronic board displays the Hang Seng Index figures at Exchange Square, the building housing the stock market, in Hong Kong. Photo: EPA-EFE

Hong Kong stocks slide to 22-month low after market ignores China’s first rate cut in nearly two years

  • Hang Seng Index fell 1.9 per cent to 22,858.50, its lowest level since March 2020
  • Hang Seng Tech Index slipped 3.2 per cent to its lowest since its inception in July 2020, dragged down by heavyweights NetEase, JD.com, Alibaba and Tencent

An electronic board displays the Hang Seng Index figures at Exchange Square, the building housing the stock market, in Hong Kong. Photo: EPA-EFE
An electronic board displays the Hang Seng Index figures at Exchange Square, the building housing the stock market, in Hong Kong. Photo: EPA-EFE
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