Hong Kong Shares Close Lower On Continued Credit Market Fears – Thomson Financial

From Thomson Financial via Forbes.com:

Hong Kong shares closed sharply lower in Wednesday’s trade as investors remained apprehensive about the real extent and the long-term effects of the current credit market meltdown.

The 39-stock Hang Seng index fell 2.9 percent to 21,375.72, off the day’s low of 21,303.35. Sub-indexes traded in line with the weak trend as the Hang Seng China Enterprises Index fell 3.3 percent. The Hang Seng Property Index slipped 3.0 percent, while the Hang Seng Finance index was down 2.7 percent. [Full Text]

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