HK, China mkts post 4th straight day loss


FE Team | Published: June 20, 2014 00:00:00 | Updated: November 30, 2026 06:01:00



HONG KONG, June 19 (Reuters): Hong Kong shares fell for the fourth consecutive day on Thursday, tracking steep losses in the China A-share markets where a resumption of initial public offerings is diverting funds away from already-listed stocks.
The Hang Seng Index inched down 0.1 per cent to 23,167.73 points. The China Enterprises Index of the leading offshore Chinese listings in Hong Kong dropped 0.9 per cent.
On the mainland, the Shanghai benchmark slid 1.6 per cent and closed below a 100-day moving average.
Leading the losses on the Hang Seng were Chinese property developers, which extended Wednesday's losses after May home price data disappointed.

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