The Hong Kong stock market closed down on Friday, 24 July 2015, following the softer close of overseas markets and drop in Mainland China A-share bourses after news of sharply weaker-than-expected Chinese manufacturing data for July. The benchmark opened 118 points lower, which marked the intra-day high. It plunged to an intra-day low of 25073 after the preliminary Caixin China Manufacturing Purchasing Managers Index, a gauge of nationwide manufacturing activity, for July registered a 15-month low of 48.2. The Hang Seng Index ended down 270.34 points, or 1.06%, to finish at 25128.51 points. The Hang Seng China Enterprises Index, benchmark measure of performance of mainland China enterprises, decreased 155.45 points, or 1.31%, to 11679.02 points. Turnover reduced to HK$78.36 billion from HK$79.8 billion on Thursday.
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