19 Jan Hong Kong stocks fall ahead of Chinese New Year on weak sentiment
Hong Kong shares fell on
Monday, led by consumer stocks, reflecting pessimism toward the
local economy as the city’s tourism industry reels under the
impact of prolonged anti-government protests.
** Contributing to the sluggishness in the market, some
investors unwound positions ahead of the Lunar Chinese New Year
holiday later this week, traders said.
** The Hang Seng index fell 0.9% to 28,795.91, while the
China Enterprises Index lost 0.8% to 11,331.49 points.
Monday, led by consumer stocks, reflecting pessimism toward the
local economy as the city’s tourism industry reels under the
impact of prolonged anti-government protests.
** Contributing to the sluggishness in the market, some
investors unwound positions ahead of the Lunar Chinese New Year
holiday later this week, traders said.
** The Hang Seng index fell 0.9% to 28,795.91, while the
China Enterprises Index lost 0.8% to 11,331.49 points.
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