HK stocks finish sharply lower
HONG Kong stocks ended yesterday sharply lower, with the benchmark Hang Seng falling back below the 30,000 point mark after the previous session’s breakthrough, as a tumble in mainland stocks soured sentiment.
The Hang Seng index fell 1 percent, to 29,707.94, while the China Enterprises Index lost 1.9 percent, to 11,737.06 points, the lowest level in a month.
Most of the damage was done in the last hour of trading.
Investors took profit in sectors including financials , IT and consumer goods, on a pessimistic mood in China.
The mainland blue-chip index suffered its worst one-day fall in almost 1-1/2 years with a nearly 3 percent slump, as Beijing stepped up its deleveraging campaign.
The top gainer on Hang Seng was WH Group Ltd up 1.69 percent, while the biggest loser was AAC Technologies Holdings Inc which fell 4.24 percent.
The biggest gainers among H-shares were China Minsheng Banking Corp Ltd up 2.41 percent, followed by Great Wall Motor Co Ltd gaining 0.98 percent and China Railway Construction Corp Ltd rising 0.77 percent.
- About Us
- |
- Terms of Use
- |
- RSS
- |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证:沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证:31120180004
- |
- 网络视听许可证:0909346
- |
- 广播电视节目制作许可证:沪字第354号
- |
- 增值电信业务经营许可证:沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.