Hong Kong Shares Lower; Tech and Auto Stocks Weigh -- Market Talk

Dow Jones
2024-10-30

0150 GMT - Hong Kong shares are lower, dragged by tech and auto stocks. Investors are watching for the NPC standing committee's meeting next week for more details on the China's next stimulus measures. Among the top decliners, JD.com and Geely Automobile drop 2.6% each. Alibaba Group is 1.2% lower.Meanwhile, WH Group leads gains, up 2.1% and Li Ning rises 0.9%. The benchmark Hang Seng Index is 0.9% lower at 20522.62 and the Hang Seng Tech Index drops 1.1%. (jiahui.huang@wsj.com; @ivy_jiahuihuang)

 

(END) Dow Jones Newswires

October 29, 2024 21:50 ET (01:50 GMT)

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