Data on China’s industrial output, retail sales and fixed-asset investments all fall short of projections
The Hang Seng Index fell 1.2 per cent to 25,216.09 as of 10.23am local time, extending a 0.4 per cent decline on Thursday. The Hang Seng Tech Index dropped 1 per cent. On the mainland, the CSI 300 Index and the Shanghai Composite Index both added 0.3 per cent.
E-commerce operator JD.com tumbled 3.4 per cent to HK$120.80 after second-quarter net income dropped 51 per cent from a year earlier, reflecting the fallout of a price war in the industry. Geely Automobile Holdings slid 2.9 per cent to HK$18.40 after profit dropped 14 per cent in the first half.
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