Hong Kong market tanks 5.17%

Hong Kong stock market tanked for seventh straight session on Monday, 24 August 2015, as a fresh crash in Chinese stocks and selloffs in various markets overseas drives heavy falls in the city bourses. The Hang Seng Index ended down 1158.05 points, or 5.17%, at 21251.57 points. The Hang Seng China Enterprises Index, benchmark measure of performance of mainland China enterprises, lost 592.76 points, or 5.81%, to 9602.29 points. Turnover increased to HK$139 billion from HK$118.3 billion on Friday.

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