Hong Kong stock market finished lower in light trading on Monday, 03 May 2021, extending last week losing streak, as investors risk sentiments remains weak after China signalled tightening oversight of internet-platform operators and rising coronavirus cases in the region raised concerns over more curbs and economic pain.
At closing bell, the benchmark Hang Seng Index tumbled 1.28%, or 367.34 points, to 28,357.54. The Hang Seng China Enterprises Index dropped 1.04%, or 112.25 points, to 10,713.
The sub-index of the Hang Seng tracking energy shares dipped 0.1%, while IT, financials and property sectors ended 0.53%, 2.04% and 0.57% lower, respectively.
Investors in Asia-Pacific continued monitoring the Covid situation in India as the country continues to battle a deadly second wave of infections.
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