Monday, December 22, 2014   

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:
Hang Seng jumps at midday (29 mins ago)
Oil prices extend gains in Asia (54 mins ago)
Nikkei flat by break (2 hrs 2 mins ago)
Govt looks to provide 20k flats this year (12-19 17:21)
German consumer confidence on the rise (12-19 16:58)
BYD recovers partially after plunge (12-19 16:29)
Hang Seng finishes higher (12-19 16:28)
BOC Aviation adds two more Boeing jets to earlier order spree (12-19 14:46)
Nikkei finishes higher (12-19 14:24)
Hang Seng jumps at noon (12-19 13:02)

More breaking news >>

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