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Hong Kong Market falls on Fed hike, soft China data

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Capital Market
Hong Kong share market closed session lower on Thursday, 14 June 2018, as risk aversion selloff triggered after the U.S. Federal Reserve raised interest rates and struck a more hawkish tone, while downbeat Chinese data and renewed trade war fears weighed on a market already under pressure from overnight falls on Wall Street. The Hang Seng index ended down 284 points or 0.9% to 30,440. Turnover increased to HK$96.1 billion from HK$84.4 billion on Wednesday.

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First Published: Jun 14 2018 | 4:15 PM IST

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