Hong Kong stocks turn lower after three-day streak

Photo: ANI

Hong Kong: Hong Kong stocks fell Thursday as investors cashed in after a healthy three-day run, with another record close on Wall Street and strong US growth data unable to spur further buying.

The Hang Seng Index dropped 0.89 percent, or 252.39 points, to close at 28,164.05.

The benchmark Shanghai Composite Index shed 1.14 percent, or 31.55 points, to 2,737.74 and the Shenzhen Composite Index, which tracks stocks on China’s second exchange, sank 1.48 percent, or 22.11 points, to 1,467.18.