Hong Kong Shares Follow Wall Street Downwards

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2021-03-05 HKT 09:40

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  • Hong Kong shares slumped in early trading on Friday. File image: Shutterstock

    Hong Kong shares slumped in early trading on Friday. File image: Shutterstock

Hong Kong stocks plunged almost two percent in the first few minutes of Friday morning, in line with a drop on Wall Street and across Asia fuelled by increasing worries that an expected global economic recovery will fan inflation.

The Hang Seng Index sank 1.95 percent to 28,667.

The benchmark Shanghai Composite Index shed 1.15 percent to 3,463, while the Shenzhen Composite Index on China's second exchange dropped 1.50 percent to 2,260. (AFP)

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