You are here

Hong Kong: Shares close down on afternoon selling pressure

Hongkongstrock54.jpg
A man walks past a panel displaying figures of China stock indexes and Hang Seng Index at the financial Central district in Hong Kong, China in this Sept 2, 2015 file photo.

[HONG KONG] Hong Kong shares finished down on Monday as afternoon profit-taking overwhelmed an early boost from buoyant mainland shares and the successful listing of China International Capital Corp, China's oldest domestic investment bank.

Shares were up marginally in morning trade but declines of technology stocks, led by Tencent ahead of its earnings release on Tuesday, weighed on Hong Kong indices in the afternoon.

The Hang Seng index fell 0.6 per cent, to 22,726.77, while the China Enterprises Index lost 0.5 per cent, to 10,506.41 points.

Total trading volume of companies included in the HSI index was 1.6 billion shares.

REUTERS

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom