Hong Kong Stock Market Movers | High US and European government bond yields pressure financial stocks. Standard Chartered (02888.HK) falls nearly 6%, HSBC Holdings (00005.HK) drops over 4%.

Zhito Finance APP has learned that Hong Kong financial stocks are generally under pressure. As of press time, AIA Group (01299.HK) fell 5.5% to HK$69.55; Standard Chartered (02888) fell 5.73% to HK$230.4; HSBC Holdings (00005) fell 4.62% to HK$150.7; Dah Sing Banking Group (02356) fell 4.32% to HK$14.39.