Hong Kong Market ends lower

Hong Kong stock market finished lower on Monday, 22 November 2021, as a resurgence of COVID-19 cases in Europe prompted fresh lockdowns and painted a bleak picture of post-coronavirus recovery for the global economy.

At closing bell, the benchmark Hang Seng Index dropped 0.39%, or 98.63 points, to 24,951.34. The Hang Seng China Enterprises Index dropped 0.46%, or 40.89 points, to 8,929.78.

Share of China Evergrande New Energy Vehicle Group declined amid concerns that the company's frequent fundraising exercises would be enough to help the world's most indebted developer reorientate future growth towards smart cars

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