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Hong Kong: Stocks ends 0.99% lower


[HONG KONG] Hong Kong stocks sank 0.99 per cent on Tuesday, in line with a sell-off across Asia, New York and Europe on concerns about tumbling oil prices and political uncertainty in Greece.

The benchmark Hang Seng Index fell 235.91 points to 23,485.41 on turnover of HK$114.74 billion (US$14.81 billion).

In mainland China the benchmark Shanghai Composite Index was flat, edging up 0.93 points to 3,351.45 - the highest since August 2009 - on turnover of 532.4 billion yuan (US$86.9 billion).

The Shenzhen Composite Index, which tracks stocks on China's second exchange, rose 1.70 per cent, or 24.46 points, to 1,461.32 on turnover of 287.6 billion yuan.