HK stocks closed weaker on Wednesday morning session following the slide of US markets overnight amid strong US dollar. The benchmark index opened 35 points lower and saw its loss widened to as low as 28,034 at one stage.
The Hang Seng Index ended down 162 points to 28,087. The H-share index also dropped 86 points to 14,715. Half-day turnover reduced to HK$84.55 billion from HK$111.4 billion on Tuesday.
By 11:31 a.m., the northbound quota balance of the "Shanghai-HK Connect" program was Rmb12.437 billion, accounting for 95.7% of the daily allowed quota of Rmb13 billion. The southbound quota balance was Rmb9.824 billion, or 93.6% of the quota of Rmb10.5 billion.
Market heavyweights were lower. China Mobile (00941) slid 1.41% to HK$104.9, while HSBC (00005) dipped 0.4% to HK$74.3.
Tingyi (00322) bucked the trend to gain 4.52% to HK$16.66, making it the top blue-chip gainer.
Zijin Mining (02899) jumped 15.72% to HK$3.46 on its plan to raise Rmb10 billion in a non-public A shares issuance.
CITIC Resources (01205) dropped 4.55% to HK$1.89 after it issued a profit warning.
27/05/2015 12:06
HSI ends down 162 pts at 28,087 midday;turnover at HK$84.6bn
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