Hong Kong: Shares close with more gains

[HONG KONG] Hong Kong stocks shares fell on Thursday (Oct 21) as teetering developer China Evergrande resumed trading after a 17-day suspension, announcing that a planned sale of its property services unit had fallen through and warning it would struggle to meet its debt obligations.

The Hang Seng Index sank 0.45 per cent, or 118.49 points, to 26,017.53. Evergrande ended down more than 12 per cent.

The Shanghai Composite Index rose 0.22 per cent, or 7.78 points, to 3,594.78, while the Shenzhen Composite Index on China's second exchange eased 0.16 per cent, or 3.86 points, to 2,416.18.

AFP