Shanghai, Hong Kong plunge after Wall St losses

THURSDAY, JANUARY 14, 2016
Shanghai, Hong Kong plunge after Wall St losses

HONG KONG - Shanghai stocks extended their sharp losses on worries over the economy on Thursday, in line with another regional sell-off after New York's three main indexes were hammered again.

The benchmark Shanghai Composite Index lost 2.56 percent, or 75.55 points, to 2,874.05, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, tumbled 3.27 percent, or 58.65 points, to 1,732.53.

And in Hong Kong, the Hang Seng Index sank 1.79 percent, or 355.96 points, to 19,578.92.
AFP