Hong Kong Shares Down 0.9%

 

PT Rifan Financindo Berjangka - Hong Kong shares closed lower, tracking Wall Street’s overnight decline. Investors’ focus is on U.S. nonfarm payrolls data due later in the week, IG market strategist Yeap Jun Rong said in a note.

Stronger jobs data “could trigger further risk aversion on a less dovish Fed view,” Yeap added.

Among the decliners, Sunny Optical Technology fell 7.6%, Techtronic Industries dropped 4.7% and Zhongsheng Group dropped 4.05%.

Meanwhile, NetEase rose 3.0% and WH Group gained 2.9%. The Hang Seng Index fell 0.9% to end at 19,279.84; the Hang Seng Tech Index fell 1.1% to 4,307.40. PT Rifan Financindo Berjangka.

Source: Bloomberg