HK stocks fall as coronavirus concerns outweigh China recovery hopes


Source: sharenet.co.za sharenet.co.za

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Most Read HK stocks fall as coronavirus concerns outweigh China recovery hopes Sept 29 (Reuters) - Hong Kong stocks fell on Tuesday as growing concerns over the coronavirus pandemic outweighed China recovery optimism. ** The Hang Seng index fell 0.9% to 23,275.53, while the China Enterprises Index dropped 1.1% to 9,281.52 points. ** The market rose in early trading on China recovery hopes. China's factory activity likely expanded at a slightly faster pace in September, a Reuters poll showed. ** But stocks erased gains as investors weighed China growth optimism against pandemic threats. Compared with mainland China, Hong Kong is...