Hong Kong Stocks extend rout

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 country's 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 mainland's 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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