HK shares dive, China plays in worst day in 10 yrs

Tue Jan 22, 2008 3:12am EST
 
[-] Text [+]
 (Updates to close)
 HONG KONG, Jan 22 (Reuters) - Hong Kong stocks collapsed for
a second straight day on Tuesday, as investors fretted over how
well Asian economies will hold up in a U.S. recession, sparking a
sell-off across the region.
 China plays, which dominated trade, plunged 12 percent in
their worst one-day percentage loss in 10 years.
 The benchmark Hang Seng Index .HSI ended down 8.7 percent
at 21,757.63, in their biggest one-day loss since Sept. 2001.
 (Reporting by Rita Chang; Editing by Anne Marie Roantree)





























 
Join the Reuters Consumer Insight Panel and help us get to know you better

Join the Reuters Consumer Insight Panel and help us get to know you better