Source:
https://scmp.com/business/markets/article/3034129/stocks-blog-which-stocks-will-be-winners-hong-kongs-relief-package Markets
Stocks Blog: Tencent sees biggest fall in two months, weighing down Hang Seng
- Snack Empire speculators flee after huge morning runup in its Hong Kong debut
- China stocks decline for first time this week
Heavyweight Tencent Holdings is the biggest drag on the Hang Seng Index today. Photo: Reuters
Good day, traders.
The HK$2 billion package of relief measures to help battered businesses didn't boost sentiment in Hong Kong, where the Hang Seng fell, weighed down by Tencent's biggest drop in two months.
The Shanghai Composite also closed down, snapping a two-day winning streak.
Catch up on the day's action below.
And if you'd like the Live Stocks Blog sent to you via email each morning, shoot Deb a message at [email protected].
-- Zhang Shidong in Shanghai and Deb Price in Hong Kong