Thursday, 17 September 2015 13:27
HONG KONG: Stocks in Shanghai retreated in another day of turmoil Thursday as investors fret over the government’s support for markets, while Hong Kong also slipped ahead of a closely watched US interest rate decision later in the day.
The benchmark Shanghai Composite Index lost 2.10 percent, or 66.20 points, to 3,086.06. Trading was volatile with the index rising as much as 1.67 percent before late selling sent it lower.
The Shenzhen Composite Index, which tracks stocks on China’s second exchange, fell 1.48 percent, or 24.94 points, to 1,658.42.
In Hong Kong the Hang Seng Index slipped 0.51 percent, or 112.03 points, to close at 21,854.63.
