BCN-32 Hong Kong, Shanghai stocks end sharply lower

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BCN-32

STOCKS-MARKETS-HONGKONG-CHINA-CLOSE

Hong Kong, Shanghai stocks end sharply lower

HONG KONG, April 25, 2019 (BSS/AFP) – Hong Kong shares ended sharply lower
Thursday, tracking a sell-off on Wall Street and across most of Asia, while
Shanghai plunged more than two percent on concerns China will ease up on its
recent monetary easing measures.

The Hang Seng Index fell 0.86 percent, or 256.03 points, to close at
29,549.80.

The benchmark Shanghai Composite Index tumbled 2.43 percent, or 77.78
points, to 3,123.83 and the Shenzhen Composite Index, which tracks stocks on
China’s second exchange, dived 3.41 percent, or 59.63 points, to 1,688.25.

BSS/AFP/HR/1415