Hang Seng plummets 2.4pc in worst loss since July

Hong Kong shares suffered their worst loss since July 23 on Thursday, as investors took profits on recent outperformers and refocused their attention on the prospect of US fiscal woes roiling financial markets.

Thursday’s pullback came after US President Barack Obama’s successful re-election bid helped the Hang Seng Index near this year highs on Wednesday, with investors relieved that capital inflows from loose US monetary policy will continue.

via Business feed http://www.scmp.com/business/investor-relations/article/1077910/hang-seng-plummets-24pc-worst-loss-july