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Hong Kong: Stocks dip, Shanghai rises on China data


[HONG KONG] Hong Kong stocks slipped 0.39 per cent Tuesday after a gauge of Chinese manufacturing hit an 11-month low, but Shanghai rose as the data fuelled hopes for further government stimulus.

The benchmark Hang Seng Index eased 94.91 points to 24,399.60 on turnover of HK$89.74 billion.

In mainland China, the benchmark Shanghai Composite Index rose for its tenth-straight session, adding 0.10 per cent, or 3.68 points, to 3,691.41 on turnover of 754.9 billion yuan.

The Shenzhen Composite Index, which tracks stocks on China's second exchange, rose 1.01 per cent, or 19.21 points, to 1,922.85 on turnover of 661.4 billion yuan.