Hong Kong stocks head for 4-month low as chance of strong stimulus from Beijing shrinks
Sell-offs in Hong Kong stocks deepened on Thursday, with the benchmark gauge heading for its lowest level in nearly four months, as hopes fade that Beijing would introduce aggressive stimulus measures following recent economic data indicating the annual growth target was within reach.
The Hang Seng Index sank 2.7 per cent to 23,007.73 as of 10.50am local time, poised for its lowest close since June 30.
The Hang Seng Tech Index dropped 4.3 per cent.
On the mainland, the CSI 300 Index slid 1.6 per...
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