Local stocks slip by the most in five months before a pause in trading next week for Lunar New Year. Photo: Bloomberg
Hong Kong stocks log worst week since August as JD.com leads Chinese tech slump with imminent end of easy-money policies
- Hang Seng Index slid 5.8 per cent, the worst since the week ending August 20, amid global risk aversion
- Analysts are hopeful China’s policy-easing impetus will cushion the blow as Credit Suisse upgrades the market, countering the tightening bias in the US
Local stocks slip by the most in five months before a pause in trading next week for Lunar New Year. Photo: Bloomberg