HK Stocks fall on weak offshore cues

Hong Kong share market finished weaker in volatile trade on Wednesday, 17 December 2014, as risk sentiments discouraged by slid of the major benchmarks from the US overnight and the emergence of Russian debt problems. The benchmark index opened 56 points firmer as the mainland A-share market stood above 3000 point and that oil prices stabilized. But it lacked further momentum and fell 141 points at one stage before recovering some of the losses by market close. The Hang Seng Index ended lower 84.66 points, or 0.37%, to 22585.84, off an intra-day high of 22726.56 and low of 22529.75. Turnover increased to HK$107.78 billion from HK$91.24 billion on Tuesday.

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