Hong Kong, Shanghai Stocks Down By Break

Hong Kong, Shanghai stocks down by break

HONG KONG, , (UrduPoint / Pakistan Point News - 30th Mar, 2017 ) - Hong Kong stocks sank Thursday morning in line with an Asia-wide sell-off following two days of gains, while brokers said mainland markets were weighed by a raft of new listings that soaked up liquidity.

The Hang Seng Index fell 0.43 percent, or 105.35 points, to 24286.70. The benchmark Shanghai Composite Index tumbled 1.12 percent, or 36.31 points, to 3,205.00 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, dived 1.78 percent, or 35.99 points, to 1,983.40.