HONG KONG -- The Hong Kong stock market began the Year of the Dragon on a weak note on Wednesday, plagued by ongoing weakness of the local and the mainland Chinese economies and diminishing appetite by global investors.
The benchmark Hang Seng Index opened at 15,579.41, 1.1% lower than the previous close last Friday before the long Lunar New Year break. The index closed the day higher at 15,879.38, up 0.8%, after major index-heavy tech shares like Tencent Holdings, Alibaba Group Holding and Meituan rebounded.
