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Hong Kong Market falls for third day

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Capital Market
Hong Kong stock market closed down for third straight session on Wednesday, 15 September 2021, as weak factory and retail activity data weighed on sentiment, while the fresh COVID-19 outbreaks also raised concerns over China's economic recovery.

At closing bell, the benchmark Hang Seng Index fell 1.84%, or 469.02 points, to 25,033.21. The Hang Seng China Enterprises Index dropped 1.6%, or 145.20 points, to 8,936.53.

Casino stocks listed in the city plunged amid fears over tighter regulations as Macao kicked off a public gaming consultation. Shares of Wynn Macau plummeted 29%, while Sands China plunged more than 32%. Galaxy Entertainment Group dropped around 20%.

 

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First Published: Sep 15 2021 | 5:41 PM IST

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