Hang Seng dives 3%, dragged by real estate and energy stocks
Hong Kong’s Hang Seng Index dropped 3% in early trading, leading wider losses in Asia, dragged by the real estate and energy sectors.
Shares of Hong Kong-listed property stocks were in the red. Country Garden Holdings plunged 7.18%, while Longfor Group Holdings lost 4.82%. New World Development shed 6.69%, and Henderson Land Development traded 6.15% lower.
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