Hong Kong market slide on global selloff

Hong Kong stock market declined on Tuesday, 29 September 2015, joining a global selloff amid deepening worries about the world economy. The benchmark Hang Seng Index (HSI) opened down 607 points and fell as much as 818 points at one stage, hitting a two-year low of 20,368. The Hang Seng Index declined 629.72 points, or 2.97%, at 20556.60 points. The Hang Seng China Enterprises Index, benchmark measure of performance of mainland China enterprises, lost 281.76 points, or 2.96%, to 9230.50 points. Turnover increased to HK$84 billion from HK$69 billion on Friday. The local market was closed on Monday due to a public holiday.

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