In the Hong Kong stock market on the morning of the 11th, the Hang Seng Index fell 0.83% from the previous day to 24,352.69. Concerns over another US rate hike and the decline in US stocks weighed on investor sentiment.
In the Hong Kong stock market on the morning of the 11th, the Hang Seng Index fell 204.35 points from the previous day to 24,352.69, declining for the second consecutive session. Selling prompted by concerns over another US rate hike has dominated.
The three major US stock indexes fell the previous day, weighing on investor sentiment. The selling in the Hong Kong market is viewed as having been prompted by movements in US stocks.
Movements in stocks including internet services company Tencent Holdings and food delivery apps have been reported.