The Hong Kong stock market closed tad below the neutral line after erasing initial gain on Tuesday, 22 March 2016. City markets, which were up Monday after Chinese authorities signaled the loosening of controls over margin lending, retreated, with financial and utilitis players being major losers. The benchmark Hang Seng Index dropped 17.40 points, or 0.08%, to 20666.75 points. The Hang Seng China Enterprises Index, benchmark measure of performance of mainland China enterprises, declined 28.46 points, or 0.32%, to 8900.19 points. Turnover shrank significantly to HK$65.4 billion from HK$80 billion on Monday.
Powered by Capital Market - Live News
