Hong Kong Stocks Shed 0.69% by Break

PT BEST PROFIT FUTURES – Hong Kong stocks sank 0.69 percent in Friday’s morning session, tracking losses in Shanghai after a recent rally and despite a record-breaking close on Wall Street.

Hong Kong’s benchmark Hang Seng Index fell 191.75 points to 27,635.95 by lunch on turnover of HK$ 87.28 billion ($ 11.26 billion).

In mainland China the benchmark Shanghai Composite Index fell 1.76 percent, or 77.75 points, to 4,336.76.

The Shenzhen Composite Index, which tracks stocks on China’s second exchange, dropped 1.37 percent, or 30.86 points, to 2,226.12.

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Source: AFP

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