Hong Kong share market closed virtually flat in quiet trade on Tuesday, 08 July 2014, as risk sentiments turned muted after U.S. indices pulled back from record highs overnight. Meanwhile, concerns about market overheating also weighed on investor sentiments. The benchmark Hang Seng Index closed 0.46 point higher at 23541.38. Trading turnover improved slightly to HK$51.20 billion from yesterday's HK$48.25 billion.
Hong Kong's benchmark stock measure rebounded 11% through last week from this year's low in March as Chinese policy makers unveiled targeted measures to bolster growth.
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