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The Economic Times
The Economic Times
Akash Podishetti

Hang Seng crashes over 2% as tech selloff hits Asia markets. Why Hong Kong stocks are falling on Friday?

Hang Seng Hong Kong Inflation Hang Seng Index Interest Rates

Hong Kong stocks fell sharply by midday on Friday, tracking a global selloff in technology shares as inflation worries returned to the market and pushed investors away from riskier assets. The benchmark Hang Seng Index dropped 494 points, or 2%, to 24,514 at the noon break.

Why Hang Seng is crashing?

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