Hong Kong Hang Seng falls 1.23%

Hong Kong share market closed down on Tuesday, 15 May 2018, snapping a six-day rally, as investors elected to book recent profit after weaker than expected China investment and retail sales data for April 2018 and Sino-U.S. trade war. The Hang Seng Index fell 1.23%, or 389.05 points, to 31,152.03 while the Hang Seng China Enterprises Index dropped 0.83%, or 103.80 points, to 12,440.75. The benchmark Hang Seng Index traded between 31,152.03 and 31,573.18. Turnover decreased slightly to HK$105.2 billion from HK$106.7 billion on Monday. Among Hang Seng 50 blue chips, 9 stocks rose, and 40 fell, with one stock remaining steady.

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