Local Stocks Edge Lower At Lunch On Profit-taking

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2020-12-02 HKT 13:43

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  • The Hang Seng Index was flat in the Wednesday morning session. Image: Shutterstock

    The Hang Seng Index was flat in the Wednesday morning session. Image: Shutterstock

Hong Kong shares ended the morning session slightly lower on Wednesday as profit-taking and worries about a spike in virus cases in the city offset vaccine and US stimulus hopes.

The Hang Seng Index edged down 0.07 percent, or 18 points, to 26,548.

Across the border, mainland stocks edged up, led by gains in property shares, as investors continue to ride on better-than-expected manufacturing data and hopes of continued economic recovery.

The Shanghai Composite index was up 0.09 percent at 3,454, the blue-chip CSI300 index was up 0.15 percent, the start-up board ChiNext Composite index was weaker by 0.67 percent, and Shanghai's tech-focused STAR50 index was up 0.96 percent. (AFP/Reuters)