Hong Kong’s stock-market benchmark slid to its lowest stage in practically 14 months, as China’s regulatory crackdowns mixed with investor worries in regards to the new Omicron Covid-19 variant to push down many shares listed within the metropolis.
The Dangle Seng Index dropped 1.6% on Tuesday to shut at its lowest stage since Oct. 2 final yr, in keeping with FactSet. The index, which is present process a significant overhaul that may give extra sway to know-how shares, fell 7.5% in November alone and has misplaced near a fifth of its worth over the previous six months.
