Hong Kong share prices close flat, halt selloff
Hong Kong HSI up 0.10% at 17,021 points (Il Sole 24 Ore Radiocor) - Hong Kong , 26 Jul - Hong Kong share prices closed little changed, halting a recent selloff amid strong Asian markets.
The city's stocks dipped yesterday to fresh three-month lows and were poised for a 2.3% weekly loss, the second straight weekly drop.
The Hang Seng index closed up 0.10% at 17,021 points.
In Hong Kong stock market dealings technology shares steadied after a recent selloff but were still set for a weekly loss.
The Hang Seng Tech Index closed up 0.66%.
Property stocks also rebounded, with the Hang Seng Mainland Properties Index up 0.39%.
Investors remained on the sidelines as they awaited more policy easing measures after the People's Bank of China slashed key benchmark rates this week.
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(RADIOCOR) 26-07-24 11:52:00 (0315) 5 NNNN