HONG KONG, June 23 (Reuters) - Hong Kong stocks extended
losses on Friday, posting their sharpest weekly decline since
March as hawkish comments by U.S. Federal Reserve Chair Jerome
Powell dampened market senti.
HONG KONG, June 23 (Reuters) - Hong Kong stocks fell on
Friday and were set for their sharpest weekly decline since
March as hawkish comments by U.S. Federal Reserve Chair Jerome
Powell dampened market sentiment. .
Stocks regain upside momentum as mainland funds load up on Chinese big-cap stocks. Slowing inflation in the US also buoys risk appetite amid hopes of a pause in US rate hike.
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