Hong Kong: Stocks fail to sustain early gains

[HONG KONG] Hong Kong's Hang Seng Index failed to keep up with gains made in the morning after tracking a blistering performance on Wall Street on hopes for a global response to the coronavirus outbreak.

The index slipped 6.86 points to end the day at 26,284.82.

Shanghai stocks however built on the previous day's gains on Tuesday with the benchmark Shanghai Composite Index up 0.74 per cent, or 21.97 points, to 2,992.90. The Shenzhen Composite Index, which tracks stocks on China's second exchange, gained 1.03 per cent, or 19.27 points, to 1,888.92.

AFP