A man walks past a sign showing the Hang Seng Index ion April 11. Photo: AFP
A man walks past a sign showing the Hang Seng Index ion April 11. Photo: AFP
Hong Kong stock market
Business /  Markets

Hong Kong stocks slide to 5-week low on lockdown costs, while CNOOC, PetroChina slip amid oil retreat

  • The IMF downgraded China’s growth forecast to 4.4 per cent from 4.8 per cent, citing pain from Covid-19 measures
  • Oil sank 5 per cent on Tuesday, the most in two weeks, amid concerns about global economic outlook

Cheryl Heng
Cheryl Heng

Updated: 4:49pm, 20 Apr, 2022

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A man walks past a sign showing the Hang Seng Index ion April 11. Photo: AFP
A man walks past a sign showing the Hang Seng Index ion April 11. Photo: AFP
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