Hong Kong: Stocks end higher but Shanghai sinks

Hong Kong stocks fell almost one per cent Thursday, extending the previous day's heavy losses, with Chinese firms listed in the city weighed by concerns over the mainland economy. 

PHOTO: BLOOMBERG

SEP 25, 20154:17 PM

[HONG KONG] Shares in Hong Kong ended the week on a high Friday after tumbling more than three per cent in the previous two sessions but ongoing concerns about China's economy saw Shanghai check out with heavy losses.

The Hang Seng Index added 0.43 per cent, or 90.34 points, to close at 21,186.32.

Shanghai's composite index lost 1.60 per cent, or 50.34 points, to 3,092.35, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, dropped 3.44 per cent, or 60.42 points, to 1,697.12.

AFP