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Home International Markets

Hong Kong stocks slip 0.60pc at  end of move, Hang Seng sinks 168.65pts

byCustoms Today Report
28/05/2015
in International Markets
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HONG KONG: Hong Kong stocks have slipped 0.60 per cent, ending a healthy rally after a sell-off on Wall Street but Shanghai has extended its winning streak to seven successive sessions.

The benchmark Hang Seng Index lost 168.65 points on Wednesday to close at 28,081.21 on turnover of $HK157.51 billion ($A26.28 billion).

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In mainland China, the benchmark Shanghai Composite Index added 0.63 per cent, or 30.81 points, to 4,941.71 – its highest since January 2008 – on turnover of 1.1 billion yuan ($A232.37 billion).

The index has risen more than 15 per cent since last falling on May 18.

The Shenzhen Composite Index, which tracks stocks on China’s second exchange, rose 1.16 per cent, or 33.36 points, to 2,918.02 on turnover of 991.1 billion yuan.

 

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