Hong Kong Stocks sink 1.23%
Capital Market The Hong Kong stock market closed down on Tuesday, 05 July 2016, as investors fled riskier assets on following the 108-point slide of the Dow overnight and the break below 10-mark of the pound against HKD amid worries over the fallout from Britain's shock decision to leave the European Union. The benchmark Hang Seng Index dropped 255.43 points, or 1.23%, to 20495.29 points. The Hang Seng China Enterprises Index, benchmark measure of performance of mainland China enterprises, sank 140.17 points, or 1.62%, to 8503.14. Turnover increased to HK$60.7 billion from HK$53.6 billion on Tuesday.
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