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Hong Kong: Shares end down over 2% on late China slide, slumping oil prices

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Hong Kong stocks rallied Friday, ending a volatile month on a high, after Japan announced a surprise negative interest rate policy, effectively charging banks to store their cash in a bid to kickstart lending in the country.

[HONG KONG] Hong Kong shares tumbled more than 2 per cent on Tuesday, dragged lower by resumed slides in global equity markets and oil prices.

A sharp sell-off in mainland China markets in afternoon trade added to selling pressure in Hong Kong.

The Hang Seng index ended down 2.5 per cent at 18,860.80 points while the China Enterprises Index lost 3.4 per cent to 7,895.16.

REUTERS

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