• HK, Shanghai stocks slump by break

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    HONG KONG: Hong Kong and Shanghai stocks ended the morning sharply lower Wednesday, in line with an Asia-wide sell-off following big losses on Wall Street.

    The Hang Seng Index in Hong Kong fell 1.68 percent, or 337.13 points, to 19,781.67 by the break.

    And the benchmark Shanghai Composite Index dropped 1.74 percent, or 49.39 points, to 2,794.29, while the Shenzhen Composite Index, which tracks stocks on China’s second exchange, tumbled 2.50 percent, or 45.31 points, to 1,769.37. AFP

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