Hang Seng Index hit the day-lwo at 22,855 pts and ended at 22,932 at market closure, down 296 pts or 1.28%. Hang Seng China Enterprises Index closed down 128 pts or 1.23% to $10,310. Market turnover equaled $84.725 billion.
TENCENT (00700.HK) once saw an upswing this afternoon but eventually closed down less than 0.1% to $115.5. HKEX (00388.HK) closed at $167.1, down 1.5%. HSBC HOLDINGS (00005.HK) slid 1.4% to $79.55.
CHINA MOBILE (00941.HK) saw a wider loss in the afternoon and closed at $89.75, dragging down the HSI by 52 pts. CHINA UNICOM (00762.HK) and CHINA TELECOM (00728.HK) also receded 2.8% and 2.1% respectively.
Certain property stocks remained under pressure. CHEUNG KONG (00001.HK), NEW WORLD DEV (00017.HK), SHK PPT (00016.HK) and HENDERSON LAND (00012.HK) dropped 1.4%-1.9%. SINO LAND (00083.HK) edged higher 0.7% to $12. As LINK REIT (00823.HK) sold five commercial properties, its share price soared 2.4% to $44.75.
As for gaming stocks, GALAXY ENT (00027.HK) and SANDS CHINA LTD (01928.HK) shed 2.7% and 2.4% respectively. SJM HOLDINGS (00880.HK) dived 3.5% to $14.8.
AAStocks Financial News
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