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Print Print edition: 2017-02-03

Hong Kong stocks fall

Published February 3, 2017 Updated February 3, 2017 12:00am

Hong Kong stocks fell on Thursday, with property stocks leading the slide, as investors continued to lock in gains after the US Federal Reserve stuck to its mildly upbeat economic view but gave no hint of when it would next raise interest rates. The benchmark Hang Seng index slid 0.6 percent to end at 23,184.52 points, while the China Enterprises Index also fell 0.6 percent, to 9,696.32 points.
Real estate developers led the slide with the property subindex falling 0.7 percent. Shares of Sino Land Co Ltd , which rose 11 percent in January, fell 1.4 percent. China Resources Land Ltd slid 1.5 percent.

Copyright Reuters, 2017

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