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Hong Kong shares have biggest fall in almost 3 months on growth worries

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[HONG KONG] Hong Kong's benchmark index fell the most in nearly 12 weeks on Tuesday, as some Asian markets gave up earlier gains amid worries about the ability of global central banks to boost growth through aggressive policy easing.

The Hang Seng index fell 1.9 per cent, to 20,676.94, the biggest one-day per centage loss since Feb 11.

The China Enterprises Index lost 2.1 per cent, to 8,748.70 points, its worst day since Feb. 25.

The Hong Kong market was closed for a public holiday on Monday, when the Japanese stock market tumbled over 3 per cent.

All main sectors in Hong Kong lost ground, with energy and IT shares leading the declines.

REUTERS