Hong Kong shares fall after Lunar New Year break, tech drops


HONG KONG: Hong Kong shares fell on Friday as the local market reopened after the three-day Lunar New Year break, with technology stocks leading the slide, though oil shares provided some support as concerns of conflict between the U.S. and Iran sent crude prices higher.

Traders said investors stayed away from technology stocks on concern over geopolitical tension between China and the U.S. and as a Chinese regulator stepped in to warn against competition among platform operators.

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Hong Kong , Hang Seng , stock , equity , Lunar New Year

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