One culprit is CNOOC losses.
A Reuters report said “Hong Kong shares are set to open lower on Thursday, poised to extend a five-day losing streak, tracking global market weakness with losses in Chinese oil giant CNOOC Ltd dragging the Hang Seng Index below a chart support.”
The Hang Seng Index was set to open down 1.26 percent at 18,122.73, according to the report.
View the report here.
Do you know more about this story? Contact us anonymously through this link.