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Hong Kong, Shanghai: Stocks track regional sell-off
[HONG KONG] Hong Kong and Shanghai stocks slipped Thursday, in line with a regional sell-off, after the head of the European Central Bank hinted that it would not embark on any more easing measures after unveiling fresh rate cuts.
Hong Kong's Hang Seng Index dipped 0.42 per cent, or 83.75 points, to 19,900.67.
And the benchmark Shanghai Composite Index fell 0.82 per cent, or 23.13 points, to 2,781.60, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, lost 1.10 per cent, or 18.52 points, to 1,670.45.