Hong Kong: Stocks end sharply lower

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Hong Kong: Stocks end sharply lower
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[HONG KONG] Hong Kong stocks finished with big losses on Tuesday as investors fretted over the timing of a new US stimulus, while the Chinese central bank's decision to soak up excess liquidity in mainland financial markets put the brakes on huge cross-border investment flows. Read more at The Business Times.

[HONG KONG] Hong Kong stocks finished with big losses on Tuesday as investors fretted over the timing of a new US stimulus, while the Chinese central bank's decision to soak up excess liquidity in mainland financial markets put the brakes on huge cross-border investment flows.

The benchmark Shanghai Composite Index dropped 1.51 per cent, or 54.81 points, to 3,569.43, while the Shenzhen Composite Index on China's second exchange fell 1.98 per cent, or 48.69 points, to 2,414.16.For daily updates on weekdays and specially selected content for the weekend. Subscribe to

 

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