Hong Kong Stocks extend losses for third day

The Hong Kong stock market finished down on Monday, 19 December 2016, extending a sell-off to three successive days, as investors tracked a negative lead from Wall Street, concern about U.S.-China relations and higher borrowing costs in the world's largest economy dampened investor sentiment. Hong Kong's benchmark Hang Seng Index declined 0.9% or 188.07 points to close at 21,832.68, the worst level it has seen since August 4. The Hang Seng China Enterprises Index, known as the H-shares index, ended 1% or 92.9 points lower at 9,377.43. Turnover reduced to HK$55.8 billion from HK$71.7 billion on Friday.

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