HK: Shares suffer biggest fall in 3 yrs on Greek crisis fears

[HONG KONG] Hong Kong's benchmark index closed at a three-month low on Monday after the biggest one-day fall in three years, as investors worried that the Greek debt crisis could deepen.

The Hang Seng index fell 3.2 per cent, its largest drop since May 16, 2012, to 25,236.28. The China Enterprises Index lost 3.0 per cent to 12,231.43 points.

Hong Kong tracks global and regional markets, nearly all of which saw heavy selling after Greeks voted to reject conditions of a rescue package.

Stocks in Hong Kong fell across the board, with the Growth Enterprise Market slumping over 14 per cent.

REUTERS