Evergrande Fears Send HK Stocks Tumbling

"); jQuery("#212 h3").html("

Related News Programmes

"); });

2021-09-21 HKT 09:39

Share this story

facebook

  • The Hang Seng Index plunged again in early trading on Tuesday. File image: Shutterstock

    The Hang Seng Index plunged again in early trading on Tuesday. File image: Shutterstock

Hong Kong shares tumbled at the start of trade on Tuesday morning, extending the previous day's rout, on concerns about the spillover effects from a potential collapse of troubled property giant China Evergrande.

The Hang Seng Index sank 1.08 percent to 23,839.

Mainland markets are closed for a holiday.

Tokyo's key Nikkei 225 index also plunged more than two percent at the open on Tuesday, extending Wall Street falls on contagion fears from the Evergrande situation. (AFP)

RECENT NEWS

US Stocks Rise On Hopes Of Pause In Rate Increases

Wall Street stocks finished solidly higher on Thursday, reflecting better sentiment on the US economy and a consensus vi... Read more

China's Financial Risks 'controllable': Regulators

The head of the National Financial Regulatory Administration on Thursday told a high-profile forum in Shanghai that the ... Read more

Banks Cut Yuan Deposit Rates, Could Boost Consumption

China's biggest banks on Thursday said they have lowered interest rates on yuan deposits, in actions that could ease pre... Read more

Cheese And Wine Put EU, Australia Deal In Peril

Australia on Thursday threatened to walk away from a blockbuster free trade deal with the European Union unless its prod... Read more

US Stocks End Mixed As Tech Shares Are Sold Off

Gains by industrial companies lifted the Dow on Wednesday, while weakness among technology shares pushed the Nasdaq deci... Read more

Amazon 'plans Prime Video Streaming Service With Ads'

Amazon.com is planning to launch an advertising-supported tier of its Prime Video streaming service, the Wall Street Jou... Read more