Hong Kong stocks extend losing streak as rising US Treasury yields and China property concerns rattle investors

Hong Kong stocks slid further on Thursday, joining the regional equities sell-off, as rising US Treasury yields and lingering scepticism about China’s property market damped investor sentiment.

The Hang Seng Index fell 1.3 per cent to 18,230.19 at the close for a third straight day of losses. The Hang Seng Tech Index dropped 0.3 per cent and the Shanghai Composite Index slipped 0.6 per cent.

Source: REUTER

Hong Kong stocks extend losing streak as rising US Treasury yields and China property concerns rattle investors

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