HSI falls below 20,000 for first time since 2016

Hong Kong stocks fell more than three percent Monday, dropping below 20,000 for the first time in almost six years, as tech firms were hit by concerns over the mainland’s crackdown on the sector and as the country’s tech hub Shenzhen was put into lockdown.

The Hang Seng Index shed 3.02 percent, or 620.21 points, to 19,933.58. AFP)