Tuesday, December 1, 2015   

Hang Seng slumps, Shanghai gains
(04-30 16:41)

Hong Kong shares sank 1.42 percent Wednesday as investors braced for the US Federal Reserve to announce a possible further cut in its multi-billion-dollar asset purchase scheme.
The benchmark Hang Seng Index ended down 319.92 points at 22,133.97 on turnover of HK$67.15 billion.
Chinese stocks closed up on the last trading day of the week before a public holiday, but gains were capped by tepid interest, dealers said.
The benchmark Shanghai Composite Index rose 0.30 percent, or 6.02 points, to 2,026.36 on turnover of 57.7 billion yuan. The index slid 0.50 percent for the week.
The Shenzhen Composite Index, which tracks stocks on China's second exchange, gained 0.76 percent, or 7.74 points, to 1,027.58 on turnover of 60.3 billion yuan. It fell 0.88 percent over the week. --AFP   
Other Business breaking news:
HK posts HK$33b fiscal deficit (11-30 19:28)
HK yuan pool shrinks in October (11-30 19:23)
China stocks rebound at close (11-30 15:49)
Yuan weakens (11-30 14:06)
China proposes electricity futures and derivatives market (11-30 14:01)
China public floats resume (11-30 13:59)
China, HK stock sell-off continues (11-30 12:56)
Uptick in Japanese factory output (11-30 12:29)
Greek pensioners vow to defy proposed cuts (11-27 16:52)
Skin care drug prices rocketed by 401pc since 2009, US study finds (11-27 16:48)

More breaking news >>

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