HONG KONG, Sept 13 (Reuters): Hong Kong
shares ended their worst week in six months on Friday, as investors
locked in profits amid concerns that China's economy will remain
sluggish and a US interest rate rise may come sooner than expected.
The Hang Seng Index slipped 0.3 per cent to 24,595.32 points in its sixth straight daily loss. The China Enterprises Index of the leading offshore Chinese listings in Hong Kong was down 0.2 per cent.
The two indexes slid 2.6 per cent and 3.1 per cent this week, respectively, their biggest weekly loss since the week ended March 14.
Chinese state-backed conglomerate CITIC Ltd sank 4.1 per cent to a two-month low after Hong Kong's securities regulator launched legal proceedings against the company and five former directors.
The Hang Seng Index slipped 0.3 per cent to 24,595.32 points in its sixth straight daily loss. The China Enterprises Index of the leading offshore Chinese listings in Hong Kong was down 0.2 per cent.
The two indexes slid 2.6 per cent and 3.1 per cent this week, respectively, their biggest weekly loss since the week ended March 14.
Chinese state-backed conglomerate CITIC Ltd sank 4.1 per cent to a two-month low after Hong Kong's securities regulator launched legal proceedings against the company and five former directors.
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