Hong Kong stocks clawed back sharp losses at Monday’s open, but still settled the morning trade modestly lower, as investors digested the impact on financial markets of Friday’s attacks in Paris and China’s latest tightening of margin trading rules, which weighed down on stocks. Market sentiment was also dented by news the deputy head of China’s top securities regulator has been put under investigation on “serious violations of party discipline”, as Beijing’s anti-corruption probes intensified in the financial sector. Hong Kong’s Hang Seng Index fell 1.6 per cent to 22,031.16 by the midday close, moving off an opening low of 21,958.28. The Hang Seng China Enterprises Index, which tracks Hong...
↧