Home » » Hong Kong shares may start lower, China in focus after Monday rout

Hong Kong shares may start lower, China in focus after Monday rout

Written By Kontak Perkasa Futures on Tuesday, June 25, 2013 | 9:28 AM


Reuters (25/6) - Hong Kong shares may start weaker on Tuesday as investors brace for the first of two open market operations in the mainland to gauge the extent of the cash crunch that has raised fears of a banking crisis.

China shares suffered their worst daily loss in almost four years on Monday, with financials hammered on fears that the central bank would keep money tight and economic growth could slow sharply.

The Hang Seng Index dropped on Monday for a fourth straight day, ending down 2.2 percent at 19,814 points. The China Enterprises Index of the top Chinese listings in Hong Kong sank 3.2 percent to its lowest since October 2011.

http://www.reuters.com/article/2013/06/25/markets-hongkong-stocks-preopen-idUSL3N0F105720130625
Written by: Kontak Perkasa Futures
PT.Kontak Perkasa Futures, Updated at: 9:28 AM
Share this article :

Post a Comment

 
Copyright © 2011. PT.Kontak perkasa Futures Yogyakarta All Rights Reserved
Disclaimer : Semua Market Reviews atau News di blog ini hanya sebagai pendukung analisa,
keputusan transaksi atau pengambilan harga sepenuhnya ditentukan oleh nasabah sendiri.
Template Created by Creating Website Published by Mas Template
Proudly powered by Blogger