Hong Kong stocks extend losses at open

The Hong Kong Observation Wheel. (PIC: iStock)
The Hong Kong Observation Wheel. (PIC: iStock)

Hong Kong - Hong Kong stocks suffered fresh losses in the first few minutes on Thursday as emerging market fears build and investors grow concerned the US will impose further sanctions on Chinese imports.

The Hang Seng Index shed 0.64%, or 174.64 points, to 27 069.21.

The benchmark Shanghai Composite Index gave up 0.25%, or 6.76 points, to 2 697.58, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, lost 0.38%, or 5.47 points, to 1 436.78.

* Sign up to Fin24's top news in your inbox: SUBSCRIBE TO FIN24 NEWSLETTER
ZAR/USD
17.15
(-1.05)
ZAR/GBP
21.40
(-0.89)
ZAR/EUR
19.34
(-0.69)
ZAR/AUD
11.89
(-0.41)
ZAR/JPY
0.16
(-0.70)
Gold
1774.90
(-0.55)
Silver
18.05
(-1.25)
Platinum
821.56
(+0.25)
Brent Crude
43.07
(+0.70)
Palladium
1918.22
(+0.04)
All Share
54843.13
(-0.01)
Top 40
50516.25
(+0.02)
Financial 15
10024.58
(-1.08)
Industrial 25
76804.60
(+0.48)
Resource 10
51061.33
(-0.16)
All JSE data delayed by at least 15 minutes morningstar logo
Company Snapshot
Voting Booth
Please select an option Oops! Something went wrong, please try again later.
Results
I'm not really directly affected
18% - 1683 votes
I am taking a hit, but should be able to recover in the next year
23% - 2209 votes
My finances have been devastated
34% - 3273 votes
It's still too early to know what the full effect will be
25% - 2382 votes
Vote