HSI ends down 350 pts at 23,955; turnover at HK$72.4bn

    HK stocks closed sharply lower on Monday following the 1.7% decline in A-share market. The benchmark index extended last week's weakness and lost the 24,000 mark.
  The Hang Seng Index ended down 350 points to 23,955. The H-share index fell 186 points to 10,597. Turnover reduced to HK$72.35bn from HK$94.7bn on Friday.
  Tencent (00700) was the most active trading stock. It ended down 3.3% to HK$121.1, with HK$3.32bn shares changing hands. Alibaba Group made an impressive debut in the US market on Friday, but the internet-related stocks were generally lower. Citic 21CN (00241) slid 4.2% to HK$5.91. 
  Want Want (00151) put on 1.5% to HK$9.66. It was the top blue chip winner today. Sino Land (00083) plunged 4% to HK$12.44, becoming the worst performing blue chip, after Barclays said in a research report that it sees downside risk to HK property sector.
  Market heavyweights were lower. HSBC (00005) dipped 0.8% to HK$83.55. China Mobile (00941) and CCB (00939) also sank 1.7% and HK$1.4% to HK$94.8 and HK$5.63.
  CR Power (00836) dipped 1.9% to HK$22.65 after its president Wang Yu Jun was in criminal detention on charges of corruption and bribery. CR Land (01109) slid 3% to HK$16.76. CR Cement (01313) fell 2.2% to HK$5.43. China Resources (00291) was flat at HK$19.94. But CR Gas (01193) bucked the trend, rising 1.8% to HK$22.4.