Hong Kong Stocks fall for 2nd day
Capital Market The Hong Kong stock market closed down for second straight session on Tuesday, 31 October 2017, as investors' risk appetites weighed down by weaker than expected China's manufacturing activities data. Most of sectors declined, with financial stocks being notable losers on mounting concern that bad loans at Chinese banks will increase after Bank of China reported worse-than-expected earnings growth. The Hang Seng Index retreated 0.3%, or 90.65 points, at 28,245.54, capping a 2.5% gain in October. The Hang Seng China Enterprises Index, or the H-share gauge, declined 0.5% to 11,507.72. Turnover decreased to HK$96.3 billion from HK$103.8 billion on Monday.
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