Hong Kong: Slides on traders' jitters
STOCKS fell 0.46 per cent yesterday as nervous traders hope for a deal in Washington that will reopen the US government and avert a debt default.
Economists warn that failure to lift the spending ceiling will cause havoc on international markets and cause a recession worse than 2008.
The benchmark Hang Seng Index eased 108.19 points to finish at 23,228.33, on turnover of HK$54.16 billion.
China Resources Land fell 1.71 per cent to HK$22.95 while Hang Lung Properties shed 1.55 per cent to HK$25.35. AFP