Wednesday, May 27, 2015   

Hang Seng slumps on profit taking
(06-23 16:21)

Hong Kong shares tumbled 1.68 percent Monday as profit-taking reversed early gains that were fuelled by data indicating Chinese manufacturing growing for the first time this year.
The benchmark Hang Seng Index fell 389.25 points, to 22,804.81 on turnover of HK$58.01 billion, AFP reports.
In China the benchmark Shanghai Composite Index slipped 0.11 percent, or 2.30 points, to 2,024.37 on turnover of 57.8 billion yuan.
The Shenzhen Composite Index, which tracks stocks on China's second exchange, gained 1.06 percent, or 11.15 points, to 1,061.26 on turnover of 85.0 billion yuan.   
Other Business breaking news:
Nikkei lower at break (3 mins ago)
Deutsche Bank fined US$55m for misstating potential losses (17 mins ago)
Snapchat founder warns of tech bubble, floats idea of public offering (24 mins ago)
China industrial incomes rise (1 hr 4 mins ago)
Nikkei lower (1 hr 27 mins ago)
Wall Street weighs on Hang Seng (1 hr 27 mins ago)
Wall Street retreats (1 hr 28 mins ago)
Pizza Hut to ditch dodgy ‘flavors’ for the real thing (05-26 20:25)
Huawei launches P8 dual SIM smartphone in Dubai (05-26 20:21)
Charter creates cable behemoth through Time Warner deal (05-26 19:26)

More breaking news >>

© 2015 The Standard, The Standard Newspapers Publishing Ltd.
Contact Us | About Us | Newsfeeds | Subscriptions | Print Ad. | Online Ad. | Street Pts


Home | Top News | Local | Business | China | ViewPoint | CityTalk | World | Sports | People | Central Station | Spree | Features

The Standard

Trademark and Copyright Notice: Copyright 2015, The Standard Newspaper Publishing Ltd., and its related entities. All rights reserved.  Use in whole or part of this site's content is prohibited.   Use of this Web site assumes acceptance of the
Terms of Use, Privacy Policy Statement and Copyright Policy.  Please also read our Ethics Statement.