Tuesday, 17 October 2017
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Hong Kong Stocks Fall Despite Wall Street Records, But China Resource Plays Bullish (Review)
Thursday, 14 September 2017 04:57 WIB | MARKET UPDATE |HANG SENGSaham Hong KongIndeks Hang Seng

Hong Kong stocks dipped on Wednesday, as Asian equities slipped from 10-year highs despite Wall Street hitting record highs overnight.

The Hang Seng index fell 0.3 percent, to 27,894.08, while the China Enterprises Index lost 0.5 percent, to 11,187.07 points.

Financial shares were the biggest drag, but resource stocks remained bullish, as investors bet China™s sweeping pollution crackdown, and continued efforts to reform its bloated sector, will push commodity prices higher.

An index tracking commodity producers rose nearly 2 percent, led by Chinese steelmakers such as Maanshan Iron and Angang Steel.

Source : Reuters

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