European stocks slipped on Thursday after a fresh jolt of volatility in Hong Kong’s equities bourse and ahead of a key US central bank summit.
The region-wide Stoxx 600 and the UK’s FTSE 100 were down 0.4 per cent, France’s Cac 40 slipped 0.5 per cent and Germany’s Dax dropped 0.7 per cent. Retailers, travel and leisure and basic materials groups were among the laggards.
Asian markets came under heavier pressure, with Hong Kong’s Hang Seng index trading down 1.1 per cent. Short-video platform Kuaishou, a Chinese group listed in Hong Kong, tumbled 9.2 per cent after weaker than expected second-quarter earnings.
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