Hong Kong: Stocks close down 2.4%
Published Wed, Aug 12, 2015 · 08:23 AM
[HONG KONG] Hong Kong stocks slumped 2.38 per cent on Wednesday, after another devaluation of China's currency and weak data aggravated fears of a worsening economic slowdown.
The benchmark Hang Seng Index dropped 582.19 points to end the day at 23,916.02 on turnover of HK$102.99 billion (S$18.7 billion).
AFP
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Capital Markets & Currencies
South Korea readies new system to detect illegal short-selling
Asia: Markets mixed as global rally stalls, eyes on yen
Singapore shares retreat at Thursday’s open; STI down 1.1%
Stocks to watch: Keppel, FCT, Suntec Reit, OUE Reit, Clint, Digital Core Reit, OKP, Cordlife
Europe: Stoxx 600 falls on banks drag; tech contains losses on ASMI boost
US: Stocks end flat ahead of key inflation data