HONG KONG: Hong Kong stocks slumped 2.99 percent on Monday, leading a regional sell-off as concerns over Spain's debt crisis and its effect on the eurozone re-emerged. The benchmark Hang Seng Index closed 587.33 points lower at 19,053.47 on turnover of HK$50.98 billion ($6.58 billion).
Chinese shares closed down 1.26 percent. The Shanghai Composite Index lost 27.24 points 2,141.40 to on turnover of 48.0 billion yuan ($7.5 billion).
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