Monday, October 8, 2012

Hong Kong stocks fell after A shares sink; retailers slump





Hong Kong stocks fell for the first time in six days, led by mainland property developers, after China’s onshore market closed lower after a week-long break.


“Hong Kong investors are worried that a suddenreleasing a the release of the mega size of restricted A shares would soak up the liquidity of the onshore market,” said Francis Kwok, executive director at Bright Smart Securities & Commodities Group. “Meanwhile, people were a bit disappointed today as they were expecting stronger policies to save the market.”









via Business feed http://www.scmp.com/business/money/stock-talk/article/1056371/hong-kong-stocks-fell-after-shares-sink-retailers-slump

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