Help | Sitemap | Archive | Advanced Search | Mirror in USA   
  CHINA
  BUSINESS
  OPINION
  WORLD
  SCI-EDU
  SPORTS
  LIFE
  FEATURES
  PHOTO GALLERY

Message Board
Feedback
Voice of Readers
China Quiz
 China At a Glance
 Constitution of the PRC
 State Organs of the PRC
 CPC and State Leaders
 Chinese President Jiang Zemin
 White Papers of Chinese Government
 Selected Works of Deng Xiaoping
 English Websites in China
Help
About Us
SiteMap
Employment

U.S. Mirror
Japan Mirror
Tech-Net Mirror
Edu-Net Mirror
 
Monday, August 28, 2000, updated at 20:06(GMT+8)
Business  

HK Stocks Down to End Near 17,000-Point Support level

Hong Kong stocks ended 216.98 points, or 1.26 percent down, at 17,019.76 points Monday under the pressure of profit-taking in the banking and property sectors.

Sub-indices of Finance, Properties and Industry & Commerce declined by 3.33 percent, 1.35 percent and 0.11 percent respectively while that of Utilities picked up 0.09 percent.

The turnover was a weak 8.215 billion HK dollars (1.053 billion US dollars), compared with Friday's 11.164 billion HK dollars (1.431 billion US dollars).

Analysts said the sluggish trading was the result of a wait-and-see attitude of most investors ahead of Wednesday's expiration of the Hang Seng August futures, which could affect the market's short-term direction.

China-related shares ended mixed with the Hang Seng China Enterprises Index rising 0.91 percent and the Hang Seng China-Affiliated Corp Index dropping 0.85 percent.

The Hang Seng IT Index and Hang Seng IT Portfolio Index edged up 1.38 percent and 0.31 percent respectively.




In This Section
 

Hong Kong stocks ended 216.98 points, or 1.26 percent down, at 17,019.76 points Monday under the pressure of profit-taking in the banking and property sectors.

Advanced Search


 


 


Copyright by People's Daily Online, all rights reserved