Hong Kong Stocks end down

The Hong Kong stock market finished softer on Thursday, 17 August 2017, as better-than-expected earnings from market heavyweight Tencent was tempered by concern equity valuations were turning expensive. Market was also dragged down by Chinese commercial banks. The Hang Seng Index slipped 0.2% to 27,344.22 at the close after changing direction a few times. The H-shares index lost 0.15 per cent, or 16.46 points, to 10,801.42 points.

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