Hong Kong shares had a big loss at the start of the week because Chinese tech companies were sold off. This happened because strong US job data made it less likely that interest rates would be cut soon by the Federal Reserve. The Hang Seng Index went down 1.88 percent, or 310.88 points, to 16,224.45. The Shanghai Composite Index dropped 1.42 percent, or 41.65 points, to 2,887.54, and the Shenzhen Composite Index fell 1.88 percent, or 33.34 points, to 1,740.08.

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By hassani

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