Hong Kong Market ends 0.53% down

The Hong Kong stock market ended softer in quiet trade on Wednesday, 30 December 2015, undermined by selling in banking and property shares, as traders' awaited China's manufacturing activity surveys for December. The local benchmark opened up 94 points at 22,094. It then staged an intra-day reversal, without seeing window-dressing activities. The benchmark Hang Seng Index declined 117.47 points, or 0.53%, to 21882.15 points. The Hang Seng China Enterprises Index, benchmark measure of performance of mainland China enterprises, lost 129.03 points, or 1.32%, to 9659.88 points. Turnover increased to HK$44.9billion from HK$37.9 billion on Tuesday.

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