BCN-37 Hong Kong stocks turn lower after three-day streak

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BCN-37

HONGKONG-CHINA-MARKETS-STOCKS-CLOSE

Hong Kong stocks turn lower after three-day streak

HONG KONG, Aug 30, 2018 (BSS/AFP) – Hong Kong stocks fell Thursday as
investors cashed in after a healthy three-day run, with another record close
on Wall Street and strong US growth data unable to spur further buying.

The Hang Seng Index dropped 0.89 percent, or 252.39 points, to close at
28,164.05.

The benchmark Shanghai Composite Index shed 1.14 percent, or 31.55 points,
to 2,737.74 and the Shenzhen Composite Index, which tracks stocks on China’s
second exchange, sank 1.48 percent, or 22.11 points, to 1,467.18.

BSS/XINHUA/HR/1420