Hong Kong market falls on China weak trade data

The Hong Kong stock market declined for fourth consecutive session on Tuesday, 08 December 2015, echoing slump in the US counterparts overnight and as China trade data signaled a deepening slowdown in the world second largest economy. Shares of energy and material producers were the worst- performing industry groups after oil plunged to the lowest level in more than six years and Chinese imports extended a slump to a record 13 months. By midday, the Hang Seng Index ended down 374 points or 1.7% to 21,829.

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