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Hong Kong market sinks

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Capital Market
Hong Kong stock market ended lower on Wednesday, 02 September 2015, on persistent concerns over China's economic slowdown. Uncertainty over the timing of a U.S. Federal Reserve rate increase also fuelled risk aversion selloff. The Hang Seng Index ended down by 250.49 points, or 1.18%, at 20934.94 points. The Hang Seng China Enterprises Index, benchmark measure of performance of mainland China enterprises, sank 152.79 points, or 1.62%, to 9301.32 points. Turnover increased to HK$96.05 billion from HK$85.8 billion on Tuesday.

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First Published: Sep 02 2015 | 5:15 PM IST

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