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Hong Kong: Shares fall, tracking global and China markets
[HONG KONG] Hong Kong stocks fell on Wednesday, tracking global markets, as a two-week rebound that lifted the benchmark Hang Seng Index by 10 per cent showed signs of sputtering out.
Investor sentiment was not aided by China's September inflation data, which showed continuing deflationary pressure in the Chinese economy.
Mainland indexes declined on Wednesday.
The Hang Seng fell 0.7 per cent, to 22,439.91, while the China Enterprises Index lost 1.0 per cent, to 10,334.42 points.
Most sectors fell, with financial and commodity-related stocks leading the declines, reflecting lingering concerns over the state of the economy.