BCN-14 Hong Kong stocks end with deep losses

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ZCZC

BCN-14

STOCKS-MARKETS-HONGKONG-CHINA-CLOSE

Hong Kong stocks end with deep losses

HONG KONG, July 22, 2019 (BSS/AFP) – Hong Kong shares sank on Monday
following recent gains as hopes faded for a big cut in Federal Reserve
interest rates.

The Hang Seng Index fell 1.37 percent, or 394.14 points to 28,371.26.

The benchmark Shanghai Composite Index lost 1.27 percent, or 37.23 points,
to 2,886.97, while the Shenzhen Composite Index, which tracks stocks on
China’s second exchange, closed 1.78 percent, or 27.84 points, down at
1,532.43.

BSS/AFP/HR/1422