Hong Kong stocks fall

The Hong Kong stock market ended lower on Tuesday, 11 August 2015, after erasing early gain inspired by tracking overnight rally on the Wall Street and Beijing decision to 1.9% weaken the Chinese yuan against the U.S. dollar. The HSI opened 173 points higher and soared more than 400 points at one stage. But it gave up all the gains in afternoon session as certain segments saw unusual movements. The Hang Seng Index ended 22.91 points, or 0.09%, lower at 24498.21 points. The Hang Seng China Enterprises Index, benchmark measure of performance of mainland China enterprises, dropped 27.02 points, or 0.24%, to 11264.64 points. Turnover increased to HK$96 billion from HK$80.3 billion on Monday.

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