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Markets

Hong Kong shares end 1.01pc lower

HONG KONG : Hong Kong shares fell 1.01 percent Wednesday on profit-taking, with sentiment weighed by Singapore investme
Published Updated

Hong Kong marketHONG KONG: Hong Kong shares fell 1.01 percent Wednesday on profit-taking, with sentiment weighed by Singapore investment fund Temasek selling parts of its holdings in two of China's top banks.

The benchmark Hang Seng Index shed 230.40 points to close at 22,517.55 on turnover of HK$97.68 billion ($12.55 billion).

Shanghai fell 0.21 percent, with the composite index, which covers both A and B shares, down 5.88 points at 2,810.48 on turnover of 122.1 billion yuan ($18.9 billion).

 

Copyright AFP (Agence France-Presse), 2011

 

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