HONG KONG: Hong Kong stocks closed 0.74 per cent lower Tuesday, tracking a heavy sell-off in Shanghai, as profit-taking after the previous day’s rally overshadowed a record close on Wall Street.
The benchmark Hang Seng Index ended down 184.66 points at 24,702.78 on turnover of HK$79.87 billion ($10.31 billion).
In China the benchmark Shanghai Composite Index dropped 2.20 per cent, or 73.24 points, to 3,263.05 on turnover of 441.6 billion yuan ($70.4 billion).
The Shenzhen Composite Index, which tracks stocks on China’s second exchange, fell 1.12 per cent, or 18.66 points, to 1,644.99 on turnover of 392.3 billion yuan.
