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Hong Kong: Stocks close 0.13% lower


[HONG KONG] Hong Kong stocks closed down 0.13 per cent Friday, giving up earlier gains as investors fretted about the impact of China's yuan cuts and a slide in oil prices.

The benchmark Hang Seng Index lost 27.77 points to end the day at 23,991.03 on turnover of HK$64.20 billion (S$11.6 billion).