Hong Kong shares cool off

Hong Kong share market closed marginally lower on Friday, 16 May 2014, halting a six-day advance, as investors elected to withdraw some profit off the table, following strong recent gains. The benchmark Hang Seng Index declined 17.95 points to 22712.91 on turnover of HK$48.38 billion. The benchmark index fell 175 points at one point but recovered most of its losses by market close.

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