A man walks past a display showing the Hang Seng Index in March 2022. Photo: AFP
A man walks past a display showing the Hang Seng Index in March 2022. Photo: AFP

Hong Kong stocks slide on Tencent stake-sale speculation while PetroChina, CNOOC suffer as China slowdown pressures commodities

  • PetroChina, CNOOC provided the drag on the market after crude futures slumped to the levels last seen in January
  • A block of Tencent shares showed up in Hong Kong’s clearing and settlement system, stoking a stake-sale speculation by a major shareholder

A man walks past a display showing the Hang Seng Index in March 2022. Photo: AFP
A man walks past a display showing the Hang Seng Index in March 2022. Photo: AFP
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