Hong Kong market falls on profit booking

The Hong Kong stock market closed lower on Tuesday, 12 May 2015, as investors taking a breather after the previous two session's rally, with financials, realty, and resources blue-chip stocks being major losers. The benchmark index opened down 54 points and saw its losses widen. The Hang Seng Index fell 311.02 points or 1.12% to 27407.18, off an intra-day high of 27693.63 and day low of 27395.91. Turnover rose slightly to HK$136.42 billion from HK$131 billion on Monday.

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