Money - International
Hong Kong stocks end sharply lower
A woman wearing a face mask walks past a stocks display board outside Exchange Square in Hong Kong July 16, 2020, as the city experiences another spike in coronavirus cases. u00e2u20acu201d AFP pic

HONG KONG, Jan 26 — Hong Kong stocks finished with big losses today as investors fretted over the timing of a new US stimulus, while the Chinese central bank’s decision to soak up excess liquidity in mainland financial markets put the brakes on huge cross-border investment flows.

The Hang Seng sank 2.55 per cent, or 767.75 points, to 29,391.26.

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The benchmark Shanghai Composite Index dropped 1.51 per cent, or 54.81 points, to 3,569.43, while the Shenzhen Composite Index on China’s second exchange fell 1.98 per cent, or 48.69 points, to 2,414.16. — AFP

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