HONG KONG: Hong Kong shares fell Monday, in line with a global sell-off as the Federal Reserve’s decision to keep US interest rates on hold fuelled fears about the state of the world economy.
In Hong Kong the Hang Seng Index dropped 0.75 percent, or 163.90 points, to close at 21,756.93.
However, chinese shares closed up, led by a rebound in small companies following losses last week, while analysts said dealers are tracking a US visit by president Xi jinping hoping he will sign some trade deals.
The benchamark Shanghai Composite Index rose 1.89 percent, or 58.62 points, to 3,156.54.
The Shanzhen Composite Index, which tracks stocks on China’s second exchange, jumped 3.55 percent, or 59.54 points, 1,738.64.
