Hong Kong shares finish with big losses

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Pedestrians walk past a stock market display board showing the losses at Hang Seng Index results in Hong Kong.
Pedestrians walk past a stock market display board showing the losses at Hang Seng Index results in Hong Kong.
Photo by Budrul Chukrut

Hong Kong stocks finished Friday with steep losses, in line with a retreat across Asian markets, following a below-forecast reading on Chinese factory data.

The Hang Seng Index dropped 1.97%, or 578.38 points, to 28 724.88.

The benchmark Shanghai Composite Index fell 0.81%, or 28.04 points, to 3 446.86, while the Shenzhen Composite Index on China's second exchange slipped 0.29%, or 6.72 points, to 2 298.93.

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