Friday, September 19, 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:
China sentences GSK officials to 2-4 years in prison: Xinhua (09-19 17:05)
China's total loan demand dampens in Q3: survey (09-19 16:51)
Drugmaker GSK fined in China graft probe: report (09-19 16:50)
Hang Seng tracks Street gains (09-19 16:43)
Alibaba sets IPO share price at US$68 (09-19 15:39)
London stocks surge after Scotland rejects independence (09-19 15:38)
Japan downgrades economic assessment as PM promises reform (09-19 14:03)
Chinese buyers lead charge in iPhone 6 global debut (09-19 13:25)
Hang Seng dips, Shanghai gains (09-18 16:17)
Nikkei jumps on weaker yen (09-18 14:44)

More breaking news >>

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