However, market losses capped, as market participants welcomed the planned "Swap Connect" launch between China and Honk Kong in six months, allowing mutual access to interest rate swap trading initially, to promote financial derivatives markets on both sides.
At closing bell, the benchmark Hang Seng Index fell 29.44 points, or 0.13%, to 21,830.35. The Hang Seng China Enterprises Index was down 19.18 points, or 0.25%, to 7,647.70.
Shares of bourse operator Hong Kong Exchanges and Clearing led losses, falling 3.1% to HK$374. Macau casino concessionaire Sands China also retreated by more than 3% HK$18.14 on concerns about citywide lockdown. Developer Country Garden Holdings slid 3.5% to HK$4.69.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve hit your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Quarterly Starter
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Access to Exclusive Premium Stories Online
Over 30 behind the paywall stories daily, handpicked by our editors for subscribers
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app