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HK and China markets fall despite G20 pledge

Monday, February 29, 2016 - 10:02

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[HONG KONG] Chinese stocks fell on Monday morning, casting off gains in the previous session despite a weekend pledge from the world's 20 top economies to boost stalling global growth.

The benchmark Shanghai Composite Index fell 0.45 per cent, or 12.40 points, to 2,754.81 in early deals.

The Shenzhen Composite Index, which tracks stocks on China's second exchange, lost 0.56 per cent, or 9.76 points, to 1,726.78.

Hong Kong's Hang Seng Index slipped 0.60 per cent, or 117.06 points, to 19,247.09 in opening deals.

AFP

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