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Hong Kong: Stocks close 0.74% lower

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Published Mon, Aug 17, 2015 · 08:17 AM

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    [HONG KONG] Hong Kong stocks closed down 0.74 per cent on Monday, as investors bet China's devaluation of the yuan will hurt local companies and make mainland shares better value.

    The benchmark Hang Seng Index lost 176.38 points to end the day at 23,814.65 on turnover of HK$65.77 billion (S$12 billion).

    AFP

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