Hong Kong stock market midday review: hang Seng closed down 1.25% housing stocks continued to fall

2022-05-02 0 By

The Hang Seng index was down 1.25 per cent at 24,594.21 after trading in choppy trading.The Hang Seng Technology Index fell 1.68% to 5,502.86;Housing stocks, education sector continued to fall, Chinese securities stocks, insurance stocks and other financial sectors lower;Pioneer Pharmaceuticals rose nearly 22% in early trading after announcing the completion of China’s first enrollment and administration of a global multi-center phase III clinical trial of procretamine in patients with mild to moderate COVID-19.Source: Flush Financial Research Center