The Business Times

Hong Kong: Stocks down on profit-taking, Shanghai rises

Published Mon, Mar 7, 2016 · 08:24 AM

[HONG KONG] Hong Kong stocks ended in negative territory Monday as profit-taking overshadowed a strong US jobs report, while Chinese shares were boosted by expectations that plans to speed up new listings could be delayed Hong Kong's Hang Seng Index dipped 0.08 per cent, or 16.98 points, to 20,159.72.

But the benchmark Shanghai Composite Index rose 0.81 per cent, or 23.19 points, to 2,897.34. The Shenzhen Composite Index, which tracks stocks on China's second exchange, jumped 2.03 per cent, or 34.68 points, to 1,741.65.

AFP

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