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Hong Kong: Shares close down, tech and financial sector weak

Tuesday, January 12, 2016 - 16:38

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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 Tuesday as technology and financial shares weighed, and following a sharp rise in Hong Kong short-term borrowing costs over the last two days.

The Hang Seng index fell 0.9 per cent, to 19,711.76, while the China Enterprises Index lost 0.8 per cent, to 8,439.31 points.

Total trading volume of companies included in the HSI index was 1.9 billion shares.

REUTERS

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