BCN-07 Hong Kong, Shanghai markets close down

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BCN-07

STOCKS-MARKETS-HONGKONG-CHINA-CLOSE

Hong Kong, Shanghai markets close down

HONG KONG, China, Dec 20, 2018 (BSS/AFP) – Hong Kong stocks slid Thursday,
tracking an Asia-wide slump triggered after the Fed raised rates for the
fourth time this year.

The Hang Seng Index shed 0.94 percent, or 241.86 points, to close at
25,623.53.

The benchmark Shanghai Composite Index ended down 0.52 percent, or 13.29
points, at 2,536.27, but the Shenzhen Composite Index, which tracks stocks on
China’s second exchange, closed up 0.20 percent, or 2.61 points, at 1,297.10.

BSS/AFP/MR/ 1440 hrs