HSI Down Again Over US Stimulus-tapering Fears

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2021-12-15 HKT 16:52

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  • Local stocks have now finished in the red for four straight days. Image: Shutterstock

    Local stocks have now finished in the red for four straight days. Image: Shutterstock

Hong Kong stocks fell for a fourth straight day on Wednesday as investors await a key US Federal Reserve policy decision later, when it is expected to announce the tapering of its vast financial support measures quicker than first flagged.

The Hang Seng Index fell 0.91 percent, or 215.19 points, to 23,420.76.

The Shanghai Composite Index slipped 0.38 percent, or 13.89 points, to 3,647.63, while the Shenzhen Composite Index on China's second exchange lost 0.58 percent, or 14.75 points, to 2,543.49. (AFP)

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