HONG KONG, July 29 (Reuters) - Hong Kong shares fell off a nearly 11-month high, dropping 2.4 percent while taking their cue from a sharp correction in Shanghai stocks as investors fretted about a likely tightening of China's loose monetary policies.
The benchmark Hang Seng Index .HSI was down 489.04 points at 20,135.50 with shares worth HK$101.8 billion changing hands, the highest turnover in nearly two months.
The China Enterprises Index .HSCE, which represents top locally listed mainland Chinese stocks, was 3.5 percent lower at 11,991.37. (Reporting by Parvathy Ullatil; Editing by Ken Wills)
watch china
Started by
trioderob
, Jul 29 2009 05:59 PM
2 replies to this topic
#2
snorkels4
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- Traders-Talk User
- 2,677 posts
bad guy
Posted 29 July 2009 - 07:30 PM
nikk broke june high 1039 monday
still above
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#3
arbman
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- Traders-Talk User
- 19,504 posts
Quant
Posted 29 July 2009 - 07:31 PM
Why do I keep getting this really bad feeling about the USD for over two months now?
