Hong Kong stocks extend losses on Greece fears, China slide

The Hong Kong stock market finished lower for second straight day on Friday, 26 June 2015, as jittery investors sought to cut riskier assets after lack of resolution between Greece and its foreign creditors. A steep decline in the Mainland market also triggered risk off selloff. The Hang Seng Index dropped 481.88 points or 1.78% to finish at 26663.87, off an intra-day high of 27016.09 and day low of 26522.45. The Hang Seng China Enterprises Index, benchmark measure of performance of mainland China enterprises, declined 379.71 points, or 2.82%, to 13088.19 points. Turnover increased to HK$151.28 billion from HK$118.5 billion on Thursday.

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