Hong Kong Stocks Down By Lunch

Mohammad Ali (@ChaudhryMAli88) Published August 29, 2016 | 11:16 AM

Hong Kong stocks down by lunch

HONG KONG,(UrduPoint / Pakistan Point News -29th Augst,2016) - Hong Kong shares fell in the morning session Monday after Federal Reserve chief Janet Yellen indicated that US interest rates could rise by the end of the year. The Hang Seng Index dipped 0.35 percent, or 79.

59 points, to 22,829.95. The benchmark Shanghai Composite Index recovered from early losses to sit slightly higher, adding 1.48 points to 3,071.79, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, rose 0.34 percent, or 6.88 points, to 2,029.97.

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