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Hong Kong: Shares close down as mainland markets tumble

Monday, January 11, 2016 - 16:30
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Hong Kong's benchmark index bounced off fresh 2-1/2 lows hit after a Wall Street slide on Thursday, paring losses after a sharp rebound in mainland stocks eased the gloom stemming from a tumble in global stocks.

[HONG KONG] Hong Kong shares finished down on Monday after major mainland indices closed at their lowest levels since September.

The Hang Seng index fell 2.8 per cent, to 19,888.50, while the China Enterprises Index lost 3.9 per cent, to 8,505.16 points.

Technology and financial equities led the Hang Seng lower, with big index movers including Tencent, and banking and insurance stocks.

Total trading volume of companies included in the HSI index was 2.2 billion shares.

REUTERS