Hong Kong Stocks Tumble Over Ugly Chinese Housing Data; EV Makers Plunge After Tesla’s Earnings Disappointment
Shares in Hong Kong and China dropped Thursday on a slew of bad economic data from the housing and financial sector.
The Hang Seng Index fell 2.5% to 17,295.89 points and China’s CSI 300 index ended the day 2.1% lower at 3,533.54 points.