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Hong Kong: Lower, investors remain edgy
by hlk Sat 16 Jul 2011, 10:03
STOCKS fell 0.30 per cent yesterday amid concerns over a possible debt default by the US and in the eurozone.
The benchmark Hang Seng Index edged down 64.82 points to 21,875.38.
"Investors will likely stay cautious because of the presence of a large number of overhangs in the market, including the Euro debt woes, the US national debt problem, and the tightening policy in China," said Jackson Wong, an investment manager at Tanrich Securities. - Agencies
The benchmark Hang Seng Index edged down 64.82 points to 21,875.38.
"Investors will likely stay cautious because of the presence of a large number of overhangs in the market, including the Euro debt woes, the US national debt problem, and the tightening policy in China," said Jackson Wong, an investment manager at Tanrich Securities. - Agencies
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