Hong Kong Market falls on Fed hike, soft China data

Hong Kong share market closed session lower on Thursday, 14 June 2018, as risk aversion selloff triggered after the U.S. Federal Reserve raised interest rates and struck a more hawkish tone, while downbeat Chinese data and renewed trade war fears weighed on a market already under pressure from overnight falls on Wall Street. The Hang Seng index ended down 284 points or 0.9% to 30,440. Turnover increased to HK$96.1 billion from HK$84.4 billion on Wednesday.

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