Hong Kong stocks fell Tuesday, tracking an overnight tech selloff on the Wall Street, while persistent anti-monopoly fears also weighed on tech giants listed in the Asian financial hub.
The Hang Seng index dropped 2.2% to 27,982.21, while the Hong Kong China Enterprises Index lost 2.4%, to 10,398.45.
China stocks ended firmer Tuesday, underpinned by gains in consumer and healthcare firms, after data showed that factory-gate prices in the world’s 2nd-largest economy last month had reached the highest marks since October 2017.
The blue-chip CSI300 index was up 0.6% at 5,023.06, capping a 4-day losing streak, while the Shanghai Composite Index firmed 0.4% to finish at 3,441.85.
Japanese shares declined Tuesday, dragged down by tech stocks tracking overnight Wall Street losses, while domestic cyclical stocks also fell.
The Nikkei share average fell 2.52% to 28,774.45 by 0158 GMT, while the broader TOPIX lost 1.84% to 1,916.40.
Tech stocks pushed Australian shares lower Tuesday as investors worried that rising commodity prices could stoke inflation.
The S&P/ASX 200 index slipped about 1.1% to 7,097, pulling back from a record closing high hit Monday.
New Zealand’s benchmark S&P/NZX 50 index extended losses into the 5th session, running ending off 0.2% on the day,
Data as of 11 May 2021. All quotes delayed at least 15 mins.
|.TRXFLDJPP||Thomson Reuters Equity Japan Index||2:59am EDT||167.03||-3.90||-2.28%|
|.TRXFLDHKP||Thomson Reuters Equity HK Index||3:00am EDT||336.51||-7.19||-2.09%|
|.TRXFLDINP||Thomson Reuters Equity India Index||3:02am EDT||1,785.33||+0.75||+0.04%|
|.N225||Nikkei Stock Average 225||2:15am EDT||28,608.59||-909.75||-3.08%|
|.HSI||Hang Seng Index||3:17am EDT||27,975.07||-620.59||-2.17%|
|.AORD||ASX All Ordinaries Index||3:08am EDT||7,331.60||-88.20||-1.19%|
|.KS11||KOSPI Index||2:32am EDT||3,209.43||-39.87||-1.23%|
|.SETI||SET Composite Index||1:29am EDT||1,582.14||-6.01||-0.38%|
|.JKSE||Jakarta Composite||3:31am EDT||5,923.99||-51.80||-0.87%|
|.PSI||PSE Composite Index||12:50am EDT||6,326.83||+9.42||+0.15%|
|.SSEC||Shanghai Composite Index||3:02am EDT||3,441.85||+13.85||+0.40%|
|.BSESN||S&P BSE Sensex||3:17am EDT||49,175.37||-327.04||-0.66%|
|.FTFBMKLCI||FTSE Bursa Malaysia KLCI||3:16am EDT||1,573.70||-10.22||-0.65%|
|.HNX30||HNX 30 Index||9 May 2021||418.48||+1.52||+0.36%|
Have a healthy day, Keep the Faith!