Markets

Hong Kong stocks end down as Fed flags US rate hike

Published October 29, 2015 Updated October 29, 2015 11:04am

1 min

By Parvez Jabri

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HONG KONG: Hong Kong stocks retreated on Thursday after the Federal Reserve hinted at a possible US interest rate hike in December, although Shanghai ended higher as China's leaders wound up a key policy meeting.

The Hang Seng Index in Hong Kong fell 0.60 percent, or 136.63 points, to close at 22,819.94.

But the benchmark Shanghai Composite Index added 0.36 percent, or 12.12 points, to 3,387.32, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, rose 0.80 percent, or 16.02 points, to 2,014.40.

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