Hang Seng falls 0.45% on profit booking

Hong Kong share market closed down on Thursday, 27 November 2014, as investor booked part-profit following strong gain yesterday and due to weaker than expected Chinese industrial-profit data for October. The Hang Seng Index declined 107.7 points, or 0.45%, to 24004.28, off an intra-day high of 24228.11 and low of 23962.44. Turnover declined to HK$72.88 billion from HK$87.60 billion on Wednesday.

By market close, the northbound quota balance was RMB10.01bn, while the southbound quota balance was RMB10.325bn, accounting for 77% and 98% of the daily allowed quotas respectively.

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