Hong Kong share market finished session deeply in negative territory on Tuesday, 15 March 2022, as risk aversion selloff triggered across the board due to resurgence in COVID-19 cases which clouds the countrys economic outlook, while the deepening Ukraine crisis boosts geopolitical risks for Beijing.
Adding to market jitters are rising case numbers of COVID-19 in China, which investors fear will hurt the mainlands economic growth in the first quarter.
At closing bell, the benchmark Hang Seng Index tanked 5.72%, or 1,116.58 points, to 18,415.08. The Hang Seng China Enterprises Index dropped 6.58%, or 431.61 points, to 6,123.94.
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