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Hong Kong: Stocks close 0.49% lower


[HONG KONG] Equities in Hong Kong retreated 0.49 per cent Thursday as a late sell-off in Shanghai and lingering concerns about the mainland market offset a second successive rise on Wall Street.

The benchmark Hang Seng index eased 121.47 points to 24,497.98 on turnover of HK$80.17 billion (S$14.2 billion).