The Hang Seng Index, Hong Kong’s stock market ended the morning lower. Following the direction of the US stock market which closed on Friday (September 16) as investors worried about the recession. After the International Monetary Fund (IMF) warned that the global economy is still at risk of facing a downturn. And it is expected that the economies of some countries will go into recession in 2023.
The Hang Seng Index closed the morning session at 18,580.87, down 180.82, or -0.96%.