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Hong Kong: Stocks close 0.38% lower

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[HONG KONG] Hong Kong shares fell 0.38 per cent on Thursday following a recent rally and a report indicating Chinese manufacturing activity contracted in April.

The benchmark Hang Seng Index slipped 106.15 points to 27,827.70. Turnover was HK$191.77 billion (S$33.3 billion).

However, in mainland China, the benchmark Shanghai Composite Index added 0.36 per cent, or 16.02 points, to 4,414.51.

The Shenzhen Composite Index, which tracks stocks on China's second exchange, rose 1.01 per cent, or 22.52 points, to 2,256.98.

AFP