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Hong Kong: Shares end the day flat
[HONG KONG] Hong Kong stocks ended flat on Tuesday, reversing early losses, while Shanghai rallied as data showing Chinese inflation at a near five-year low fanned speculation Beijing will unveil fresh monetary easing measures.
The benchmark Hang Seng Index edged up 7.10 points to 24,528.10 on turnover of HK$64.04 billion (US$8.26 billion).
In mainland China the benchmark Shanghai Composite Index jumped 1.50 per cent, or 46.47 points, to 3,141.59 on turnover of 225.1 billion yuan (US$36.1 billion).
The Shenzhen Composite Index, which tracks stocks on China's second exchange, gained 1.55 per cent, or 23.10 points, to 1,512.49 on turnover of 166.4 billion yuan.