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Hong Kong stocks close 12.7 lower after over 15% intraday downfall
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18:33, October 27, 2008

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Hong Kong stocks nosedived 1602.54 points, or 12.7 percent to close at 11,015.84 on Monday, the lowest level in over four years, alongside regional markets as investors dumped shares widely on continued worries about the global economy.

The benchmark Hang Seng Index once fell to 10,676.29, 1,942.09 points lower, or 15.39 percent down during the afternoon session.

Source:Xinhua



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