A security guard in front of closed stores at a residential neighborhood placed under lockdown due to Covid-19 in Shanghai, on Thursday, March 10, 2022. Photo: Bloomberg
Hong Kong’s stock index plunges to a six-year low as bad news from Ukraine war to China’s worsening Covid-19 outbreaks trigger tech rout
- The Hang Seng Index ended the day at a six-year low of 19,531.66, a decline of almost 5 per cent and the biggest one-day plunge in 22 months
- The Hang Seng Tech Index tumbled by 11 per cent, its steepest daily loss since its creation in July 2020
A security guard in front of closed stores at a residential neighborhood placed under lockdown due to Covid-19 in Shanghai, on Thursday, March 10, 2022. Photo: Bloomberg