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Hong Kong: Stocks end flat on Tuesday

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[HONG KONG] Hong Kong stocks finished marginally higher on Tuesday, shrugging off losses on Wall Street and a heavy fall in Shanghai as dealers await the outcome of a key US Federal Reserve policy meeting.

The benchmark Hang Seng Index edged up 9.16 points to 28,442.75. Turnover was HK$170.61 billion (S$29.2 billion).

In mainland China, the benchmark Shanghai Composite Index fell 1.13 per cent, or 51.18 points, to 4,476.22 on heavy turnover of 1.06 trillion yuan (S$230.8 billion).

The Shenzhen Composite Index, which tracks stocks on China's second exchange, lost 2.76 per cent, or 62.72 points, to 2,208.56 on turnover of 613.8 billion yuan.

AFP

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