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Hong Kong: Stocks close down 3.09%

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[HONG KONG] Hong Kong stocks closed 3.09 per cent lower Monday following a sharp drop in share prices in mainland China on growing concerns about a slowdown in the world's second-largest economy.

The benchmark Hang Seng index slipped 776.55 points to 24,351.96 on turnover of HK$116.25 billion (US$14.99 billion).

AFP