Hong Kong Market falls on China growth competence woes

The Hong Kong stock market ended down in volatile trading on Tuesday, 12 January 2016, amid deepening concerns over China's growth pace and increased geopolitical tensions in the Middle East and around North Korea. The Hang Seng Index (HSI) opened up 141 points at 20,030, and rose as much as 242 points at one stage to 20,130. It also saw the low of 19,694, falling 193 points. The benchmark Hang Seng Index dropped 176.74 points, or 0.89%, to 19711.76 points. The Hang Seng China Enterprises Index, benchmark measure of performance of mainland China enterprises, declined 65.85 points, or 0.77%, to 8439.31 points. Turnover reduced to HK$77.2 billion from HK$87.5 billion on Monday.

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