Hong Kong stock market declined for sixth straight session on Friday, 21 August 2015, as concern a slowing China economy and weaker yuan will spur capital outflows. Meanwhile, the weakest Chinese manufacturing data since the global financial crisis accelerated losses in riskier assets. The Hang Seng Index ended down 347.888 points, or 1.53%, at 22409.62 points, taking declines since an April 28 high beyond 20 percent level that signifies the start of a bear market. The Hang Seng China Enterprises Index, benchmark measure of performance of mainland China enterprises, lost 207.67 points, or 2%, to 10195.05 points. Turnover increased to HK$118.3 billion from HK$105 billion on Thursday.
Powered by Capital Market - Live News
