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Hong Kong: Stocks slip as energy firms take hit

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Hong Kong stocks ended sharply lower Wednesday, with energy firms taking another beating as investors were spooked by plunging oil prices.

[HONG KONG] Hong Kong stocks ended sharply lower Wednesday, with energy firms taking another beating as investors were spooked by plunging oil prices.

The Hang Seng Index finished down 0.54 per cent, or 138.44 points, at 25,654.43.

The benchmark Shanghai Composite Index lost 0.85 per cent, or 22.64 points, to end at 2,632.24 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, slid 0.40 per cent, or 5.56 points, to 1,378.36.

AFP

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