Hong Kong: Stocks tumble as China fears weigh

[HONG KONG] Hong Kong stocks fell almost one per cent Thursday, extending the previous day's heavy losses, with Chinese firms listed in the city weighed by concerns over the mainland economy.

The Hang Seng Index sank 0.97 per cent, or 206.93 points, to close at 21,095.98 - a day after losing more than two per cent.

However, in Shanghai the benchmark composite index added 0.86 per cent, or 26.80 points, to 3,142.69, having also slipped more than two per cent Wednesday. The Shenzhen Composite Index, which tracks stocks on China's second exchange, rose 1.22 per cent, or 21.10 points, to 1,757.54.

AFP